Lucinda Creighton: Reconvene banking inquiry

The Oireachtas probe into the banking crash needs to be reconvened in emergency session to deal with controversy surrounding the evidence of the former chief of IBRC, Renua leader Lucinda Creighton has demanded.

Ms Creighton insisted that the “bombshell” testimony of Mike Aynsley stating he had been told the Finance Department wanted assets sold at €100m less than the highest bidder warranted immediate scrutiny.

Mr Aynsley was one of the final witnesses to give evidence to the probe into the financial crash before its summer break last week when he revealed the pressure he was under from the finance department over deals.