Banks ‘were let off scot free’

THERE was cross-party unanimity that the banks seem to have got off scot free connection with the recent banking scandals that rocked the Irish financial services sector.

The two banks involved were the country’s largest, AIB Group and the NAB subsidiary, National Irish Bank (NIB).

Both Richard Bruton of Fine Gael and Joan Burton of the Labour Party made the criticisms yesterday during a meeting of the Joint Committee on Finance and the Public Service.