Government accused of creating a 'shambles' over IBRC inquiry

The Government have been accused of making a “shambles” of the inquiry looking at losses to the taxpayer from the sale of state assets by IBRC, formerly Anglo Irish Bank.

Commission of investigation chairman Judge Brian Cregan has revealed how obstacles to accessing and using documents across the board from the stock exchange to the Department of Finance are inhibiting his work.

In a surprisingly forthright report on why the IBRC inquiry has stalled, Judge Cregan said it could now take several years to complete and he would need at least one if not more judges to finish it.