Banking Inquiry Seeks Legal Advice On David Drumm’s Offer Of Evidence

BANKING INQUIRY SEEKS LEGAL ADVICE ON DAVID DRUMM’S OFFER OF EVIDENCE

Members of the Banking Inquiry are to get legal advice about an offer from David Drumm to give evidence by videolink.

The former CEO of Anglo Irish Bank is currently living in the US, and has been invited to appear before the committee next Wednesday.

The ability of the Inquiry to compel witnesses does not extend outside this jurisdiction.

Sinn Fein finance spokesperson Pearse Doherty, who is a member of the committee, says they asked Mr Drumm for written evidence as well as a personal appearance.

“He’s not in breach of any of these directions at this point in time – although as you say he has informed that he will not appear and…has offered to do that by videolink” he said.

“But the committee has accepted his written statement, so his evidence has been accepted by the committee”.

“The question we need to ask ourselves now is do we want to test that evidence or do we want to just leave it as his written statement” he added.

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