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Public inquiry into Government’s role in banking crisis required – Ó Snodaigh

16 February, 2010 - by Aengus Ó Snodaigh TD


Speaking on a private members’ motion in the Dáil this evening Sinn Féin TD Aengus Ó Snodaigh said his party wants to see a public inquiry into the Government’s role in the banking crisis.

Deputy Ó Snodaigh said:

“The High Court ruling which brought an end to an inquiry being conducted by a sub-committee of both of the houses of the Oireachtas did not remove the right of the houses of the Oireachtas to conduct an inquiry.

“Sinn Féin supports the Bill as it clarifies and establishes the right of the houses of the Oireachtas to investigate matters and identify areas where the legislature needs to make systematic legislative change.

“Transparency in government and the banking system is important to reassure those engaged in international investment and financing that Ireland is an attractive place to do business. The ability for the houses of the Oireachtas to conduct investigations promotes the perception of transparency and freedom from corruption.

“The Government with the tame acquiescence of the Green Party have successfully deflected any public scrutiny of their role in the banking crisis. We want to see a public inquiry into the government’s role in the banking crisis. The Irish people deserve to know all of the facts surrounding the banking crisis considering the huge amounts of money being spent to recapitalise the banks.

“It is not acceptable that the people of Ireland should have to wait while the government clings grimly to power before they can make a judgement at the ballot box on their performance during the banking crisis. I am sure that judgement will be emphatic and unforgiving.” ENDS

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