Decision time - Publish banking report in full

News that Finance Minister Brian Lenihan is likely to publish the section of the PriceWaterhouseCooper (PWC) audit relating to Anglo Irish Bank is to be warmly welcomed.

After a week of highly damaging leaks and revelations — both to the minister himself and more importantly to Ireland Inc as a whole — the need to publish all details relating to this bank has never been greater. The decision to publish only part of the PWC report does not, however, go far enough.

The report was commissioned by the minister shortly after September’s announcement of the Government’s bank deposit guarantee scheme.