Members of banking probe face being sued

Banking inquiry members have been specifically told they can be personally sued for any contents or findings of the report, after the Oireachtas said it will not indemnify them for what is in their document.

The acting chief clerk of the Dáil, Peter Finnegan, told the 11 TDs and senators who are part of the investigation about the decision during a five-hour meeting yesterday to sign-off on legal changes to the 450-page report.

The issue had previously been flagged as a possibility by Mr Finnegan in a letter to the inquiry last week in which he urged them not to take any shortcuts on legal issues in order to guarantee the report is published on time.