Bankers face sanctions if they don’t co-operate with inquiry

Finance Minister Michael Noonan has warned that bankers who fail to co-operate with a parliamentary banking inquiry face sanctions.

Bankers face sanctions if they don’t co-operate with inquiry

His comments came as Fianna Fáil admitted it had failed to properly regulate the sector during the financial crash and that former government members would co-operate with an inquiry.

As more revelations emerged yesterday about executives’ taped internal conversations, Mr Noonan called on former Anglo Irish Bank chief executive David Drumm to co-operate with an inquiry.

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