Banking Inquiry: Past mistakes, present problems

Banking Inquiry: Past mistakes, present problems

The banking inquiry sat for almost 11 hours on Thursday. Yet perhaps the most crucial evidence was presented just before the committee broke at eight o’clock that night.

Derek Moran, the secretary-general of the Department of Finance, mused how mistakes of the past had still not been learned.

“There seems to be a huge appetite for bringing them back,” he said, referring to the various tax reliefs to build student accommodation, medical centres and various...

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