The Oireachtas Banking Inquiry has withdrawn a direction issued to former PTSB executive Peter Fitzpatrick to provide a written statement following intervention from the Director of Public Prosecutions.
Following a decision by the Committee on September 3rd to maintain a direction for Mr Fitzpatrick to provide a written statement to the Inquiry, Mr Fitzpatrick then applied to the DPP for a declaration under section 72 of the Houses of the Oireachtas (Inquiries, Privileges and Procedures) Act which, if given, would require the Committee to withdraw the direction concerned.
Having considered the lines of inquiry on which the Committee directed Mr Fitzpatrick to provide a written statement, the DPP said the evidence sought by the Committee could reasonably be expected to prejudice the prosecution of Mr Fitzpatrick and issued a declaration to the Committee to withdraw the direction.
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Ciarán Lynch (Chairman)
John Paul Phelan
Sean D Barrett