Oireachtas Banking Inquiry discusses timeline for proposal

25/06/2014

At its meeting today, Wednesday, 25th June 2014, the Committee, which has been tasked with preparing a detailed proposal for the banking inquiry, held a substantive discussion on the scope of the inquiry, the timeline for the preparation of the proposal and for the completion of the inquiry as well as the risks to the inquiry and how these will be managed.

Chairman Ciaran Lynch TD: “Today, the Committee agreed that the secretariat should draw up a high-level scoping document giving consideration to aspects of the banking crisis to be inquired into to enable the Committee to move towards establishing terms of reference and, in doing so, provide more detail to setting in place the inquiry plan.

“There was a general desire that the inquiry would be concluded by November 2015 and the Committee agreed in principle to work towards having a proposal ready for the Committees of Procedure and Privileges (CPP) of both Houses when the Dáil and Seanad resume in September.

“We were also briefed on the minimisation of the risks of the Committee being challenged in its work and how these risks will be managed and were told that issues such as cabinet confidentiality should not have a major bearing on the Committee’s work.”

All media enquiries in relation to the Oireachtas Banking Inquiry should be addressed to:

Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2

P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551

Committee Membership

Deputies

Ciarán Lynch (Chairman)
Pearse Doherty
Joe Higgins
Michael McGrath
Eoghan Murphy
Kieran O’Donnell
John Paul Phelan

Senators

Sean D Barrett
Michael D’Arcy
Marc MacSharry
Susan O’Keeffe