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Thu 12 Dec 2009Ross recommends banking inquiry

SEANAD REPORT:IF A “full-blooded” inquiry into banking activities was not to be conducted elsewhere in the Oireachtas, the Seanad should undertake its own investigation, Shane Ross (Ind) said.

The kind of inquiry proposed by the new governor of the Central Bank, Patrick Honohan, would not be an expensive legal witch-hunt. It would be based on the Dirt inquiry conducted by a Dáil committee in the 1990s. That had been the most successful inquiry of its kind ever held.

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