Probe may focus on Anglo’s role in financial crisis

THE role played by Anglo Irish Bank in the banking crisis is likely to be included in the proposed inquiry into the financial meltdown, Minister for Finance Brian Lenihan indicated last night.

It had been suggested that the Commission of Investigation into the banking crisis, which has been initiated by Government, would only investigate banking matters leading up to the bank guarantee scheme, introduced at the end of September 2008.

However, Mr Lenihan indicated yesterday that he would consider widening the time scale of the investigation up to January 2009.