Banking Inquiry to hear evidence on credit policies at Anglo

The Banking Inquiry will hear evidence from further witnesses relating to Anglo Irish Bank as well as Irish Life and Permanent and Permanent TSB today.

Former Anglo personnel Peter Fitzgerald, Gerry McGann and Matt Moran will be asked about credit policies, assessment of loan security and valuing property assets.

Live video feed may not work across all mobile devices.

UPDATE (10.47am): The inquiry has been told that any discussion of the so-called 'Anglo Tapes' are off-limits. Chairman Ciaran Lynch cut off Fine Gael senator Michael D'Arcy when he tried to raise the tapes, saying any discussion could have a detrimental impact on possible criminal trials.

They will also be asked to explain the oversight of the prevailing risk culture, appropriateness of the bank guarantee and whether alternatives were examined.

While former ILP and Permanent TSB group CEO David Went will be asked about a range of issues, including the nature and appropriateness of relationships between Government, the Oireachtas, the banking sector and the property sector.

More on this topic

Banking Inquiry members to review responses to draft reportBanking Inquiry members to review responses to draft report

Banking Inquiry Committee agrees on draft report despite objectionsBanking Inquiry Committee agrees on draft report despite objections

ECB went beyond mandate issuing ultimatum to Ireland, says former IMF mission chief ChopraECB went beyond mandate issuing ultimatum to Ireland, says former IMF mission chief Chopra

Lenihan wanted to burn bondholders and rebrand Anglo as 'An Banc Nua', inquiry toldLenihan wanted to burn bondholders and rebrand Anglo as 'An Banc Nua', inquiry told


More in this Section

Mining experts to assess the risk of West Cork sinkholeMining experts to assess the risk of West Cork sinkhole

Residents in Leitrim continue round-the-clock protest against centre for asylum seekersResidents in Leitrim continue round-the-clock protest against centre for asylum seekers

Developer offers to lease almost 500 apartments for social homes in CoolockDeveloper offers to lease almost 500 apartments for social homes in Coolock

Revised plans for controversial Bus Connects plan to be unveiledRevised plans for controversial Bus Connects plan to be unveiled


Lifestyle

Lacemakers in Limerick want to preserve their unique craft for future generations and hope to gain UNESCO heritage status, writes Ellie O’Byrne.Made in Munster: Lace-making a labour of love rather than laborious industry

More From The Irish Examiner