Banking Inquiry Committee agrees on draft report despite objections

The Banking Inquiry Committee has agreed on a draft report after considering ammendments in a meeting today.

The Banking Inquiry Committee has agreed on a draft report after considering amendments in a meeting today.

It will now be checked by a legal expert tomorrow before being forwarded to interested parties.

The draft report contains 11 chapters and a chairman's summary, outlining some of the key findings and background to the crisis.

Committee chairman Ciaran Lynch thanked all members for their contributions - including TDs Joe Higgins and Pearse Doherty, who refused to sign off on the report.

Deputy Doherty denied that his reason for not signing was connected to the upcoming election.

"I don't think that's a factor, to tell you the truth," he said.

"I'm not sure how many people in my constituency in Donegal will read this report, at the end of the day, it's important that something is there, on the record, that truly accurately reflects all of what we heard and all of the evidence, and our analysis of it,

"I don't think that's going to be the case, but the General Election isn't a factor."