Banking Inquiry advised against hearing Drumm via video-link

The Banking Inquiry has been advised not to hear evidence from the former Anglo boss David Drumm by video-link.

Mr Drumm sent the Banking Inquiry a written statement, and offered to give his evidence by video link from the United States where he now resides.

He is wanted by gardaí for questioning.

The inquiry sought legal advice on hearing the evidence via video link - its own senior counsel has advised against the move.

The Director of Public Prosecutions also advised against hearing the evidence in such a way, and it is understood she will consider a court application to stop it, should the inquiry reject the advice and try to proceed.

The inquiry team will meet in private tomorrow where it is expected to accept both pieces of legal advice and not proceed with a video link with David Drumm on Wednesday.

The members must also now decide whether to accept Mr Drumm's written statement as evidence.