Corporate law enforcer rejects bank probe claims

THE enforcer of corporate law has rejected accusations that investigations into the banking sector have not been prioritised because the office is reacting to the will of Government.

A spokesman for the Office of the Director of Corporate Enforcement [ODCE] said such suggestions by Fine Gael’s finance spokesman Michael Noonan were not true.

“The ODCE is completely independent of any minister. And any decision or act on the part of this office is a decision of the director and not influenced in any way by Government in that manner,” he said.