Banking Inquiry was a farcical waste of money

Inevitable from the outset, the Banking Inquiry has become the obvious debacle now on our plate. After costing the taxpayers millions, the 11-member committee seem helpless in providing a clear-cut credible draft report, never mind a final one.

Even more worrying still, it’s becoming apparent the final report could be targeted for publication during Christmas week, a time the public mind will be attracted to more joyful and positive thought-waves elsewhere.

The entire exercise was unnecessary and farcical. It was more like the traditional confessional box, without a penance, than an informative fact-finding Banking Inquiry that could lead to reform.