Deep-seated fears in the public mind, verging almost on suspicion, that bankers would ‘get away with it’ after being directly involved in the kind of financial crisis which brought this country to its knees, have finally been dispelled.

Investigations into the Anglo Irish Bank scandal are being hampered by a small number of reluctant witnesses who include former banking executives.

IRISH Life and Permanent could face lawsuits and fines stemming from its role in the Anglo Irish bank scandal as it plans a new structure.