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Terms of Inquiry for banking inquiry due

The Oireachtas banking inquiry is expected to sign off on its terms of reference today. TDs are expe...
TodayFM
TodayFM

7:43 AM - 24 Sep 2014



Terms of Inquiry for banking i...

News

Terms of Inquiry for banking inquiry due

TodayFM
TodayFM

7:43 AM - 24 Sep 2014



The Oireachtas banking inquiry is expected to sign off on its terms of reference today.

TDs are expected to agree to an intensive inquiry which would see some public hearings before Christmas.

Our political correspondent Gavan Reilly reports.

After weeks of to-ing and fro-ing, the finishing touches to the masterplan for the banking inquiry should be agreed today.

The committee is expected to lay out an ambitious timeline for hearings, hoping to begin some public hearings as early as December.

Those hearings would largely focus on the background to the banking collapse - with experts giving evidence on how closely banks were regulated, and so on.

But under the plans being considered by TDs, the first public hearings with key witnesses and major players in the banking collapse would not take place until April.

When that stage begins, the committee of 11 members will be expected to hold 14 weeks of hearings - with up to eight hours of hearings a day, for three days.

And TDs with one eye on the next election will need to stay focussed - the hearings have to be wrapped up by the end of September to make sure the inquiry is finished before the election is called.



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