IBOA backs call for banking crisis inquiry

The Irish Bank Officials' Association (IBOA) has today welcomed calls for a comprehensive Oireachtas inquiry into what went wrong with the Irish banking system.

IBOA general secretary Larry Broderick has written to the Minister for Finance Brian Lenihan to seek to establish a comprehensive inquiry under the auspices of a Joint Oireachtas Committee set up specifically for this task – pointing out that in assessing recent events, this investigation should also aim to draw important lessons for the future.