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The Irish government is planning to hold an parliamentary inquiry into the Anglo-Irish banking scandal, in which the institution was nationalised in 2009 and needed a €30bn state handout, reports The Irish Times.
The government is also considering holding a referendum to ask the public whether they want to see more aggressive powers granted to the inquiry authorities. This follows the release last week of the “Anglo tapes”, a series of telephone recordings between the bank’s directors in which they are heard laughing at the fact the taxpayer will be left to cover the bank’s losses.
After saving the bank, the government was forced to apply to the International Monetary Fund and European Union for a bailout.
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