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Dáil
‹ Order of Business

Banking inquiry progress

Summary

Peter Mathews asks about the promised banking inquiry, criticising its slow progress. The Minister says planning is advanced but gives no timetable, prompting further political exchanges and disorderly interjections.

On the basis that it has been shown that the credit bubble and assets price bubble and subsequent bust that so nearly destroyed this economy were caused by the behaviour of the banking sector and the boards that did not keep to the prudential principles of-----

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Seán Barrett An Ceann Comhairle Fine Gael

Sorry, Deputy.

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I have a question.

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Seán Barrett An Ceann Comhairle Fine Gael

It is not Question Time. It is the Order of Business.

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The Government promised a banking inquiry. What is happening to it?

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Seán Barrett An Ceann Comhairle Fine Gael

That is fine. The Minister on the banking inquiry.

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I am informed that it is at a stage of advanced planning, but I cannot give a time-----

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The next Dáil will take care of it.

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The progress is glacial.

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Seán Barrett An Ceann Comhairle Fine Gael

I call Deputy Terence Flanagan.

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All talk and no action.

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When the Deputy was in the Department she was all talk and no action.

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Does Deputy Kehoe know anything at all?

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I had to ask the question because I am not a member of the committee anymore.

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The Deputy is displaying his ignorance.

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Seán Barrett An Ceann Comhairle Fine Gael

Will Members please stay quiet? Deputy Flanagan is on his feet.

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