Anglo commission cannot continue its investigation into IBRC

Write-offs of €1.9 billion related to bail-out, according to report

19th November, 2015
Commission report published today

The Commission of Investigation into Irish Bank Resolution Corporation said it is unable to proceed with its investigation into certain transactions without legislative change.

The report, written by the sole member Mr Justice Brian Cregan, said that the commission was not in a position to give any estimate of a likely period for completion nor an estimate of the likely costs.

The report warns that the investigation of 38 transactions could take many years. He...

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