Howlin: Pass referendum and we’ll investigate banks

PUBLIC Expenditure Minister Brendan Howlin raised the prospect of a banking inquiry last night once Oireachtas members are empowered through an upcoming referendum.

It came as Environment Minister Phil Hogan attacked NAMA for failing to ensure a greater flow of social housing onto the market.

Mr Howlin’s comments came in response to a written appeal to politicians to break their silence on banking failures in order to prevent any mass public anger or social upheaval.