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John McGuinness Eamonn Farrell/Photocall Ireland

'Some bankers and civil servants don't want banking inquiry' - McGuinness

The government has been seeking to bring forward legislation to strengthen the Oireachtas’ ability to carry out inquiries into matters of public interest in the wake of the rejection of a referendum in 2011.

THE CHAIRMAN OF the Dáil’s powerful Public Accounts Committee has said that he wants a “broad, comprehensive” inquiry into the banking crisis and believes his committee is best-placed to do it.

Fianna Fáil TD John McGuinness also suggested that there are some bankers and civil servants who do not want an inquiry into the events surrounding the bank guarantee of September 2008 which saddled the Irish taxpayer with €64 billion in banking debt.

“You’d be naive not to believe that there are people that would like to have no inquiry at all whether they be bankers or indeed in the civil service,” McGuinness told RTÉ’s The Week in Politics.

He was speaking in response to a story on the frontpage of the Sunday Independent today in which he is quoted alleging that “powerful people” are seeking to undermine a prospective probe into the banking crisis.

The government has been seeking to bring forward legislation to strengthen the Oireachtas’ ability to carry out inquiries into matters of public interest in the wake of the rejection of a referendum that would have allowed such inquiries to make findings of fact against individuals.

Who investigates?

The legislation would likely settle an ongoing dispute over whether McGuinness’ PAC or the Oireachtas Finance Committee, chaired by Labour TD Ciaran Lynch, should investigate the banking collapse.

McGuinness said today that the debate over whether his committee or Lynch’s should hold an inquiry is a “phony argument” and said that the government’s legislation would “simply push the problem down the road” delaying any inquiry.

On the same programme, the Minister for Social Protection Joan Burton said that the legislation was “technically very demanding” and said the delays in bringing it forward were a result of ensuring that any person called to an inquiry would not seek to delay proceedings by going to court.

She insisted that it was “highly desirable” that the Oireachtas be in a position to investigate the banking collapse.

McGuinness said “the time has come when we need to know what happened on the night” of the bank guarantee in September 2008 and said his committee had completed the groundwork for such an inquiry.

Burton added that looking at the night of the guarantee itself would not be sufficient and indicated that politicians would need to examine the years leading up to the collapse of the country’s banking system.

FLASHBACK: Brian Cowen became Taoiseach five years ago this week

Read: Seanad could be given role to hold public inquiries… if it survives

Read: Why you can’t see the ‘black book’ that was never used for the banking crisis

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51 Comments
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    Mute Stephen McMahon
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    Jun 14th 2013, 7:14 AM

    Religion is bad for your health. Physical and mental.

    107
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    Mute hsianloon
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    Jun 14th 2013, 8:12 AM

    Shouldn’t you be at some atheist conference?

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    Mute Joe Sixtwo
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    Jun 14th 2013, 8:51 AM

    Exactly Stephen.

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    Mute Dodge Challenger
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    Jun 14th 2013, 6:27 AM

    The people who celebrate the holiday will do just fine. They’ve been doing it for hundreds of years, they don’t need some 2013 study to tell them to stop doing it.

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    Mute Sean O'Sullivan
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    Jun 14th 2013, 7:40 AM

    Yea….who needs silly health studies!! Sure we will all be fine!!

    49
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    Mute Joe Sixtwo
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    Jun 14th 2013, 9:00 AM

    Listen to the Mullahs ignore science !

    38
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    Mute Waffler Towers
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    Jun 14th 2013, 8:46 AM

    I’ll be enjoying my pork chops throughout Ramadan.

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    Mute Sean Bambi Keeling
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    Jun 14th 2013, 8:20 AM

    I believe that allowances are made for people who may be ill, or are not strong enough to participate.

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    Mute Steve Hardy
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    Jun 14th 2013, 6:23 AM

    Me friend puts on about 15 pounds every year at Ramadan

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    Mute Robin Pickering
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    Jun 14th 2013, 9:02 AM

    Is he eating his Muslim friends’ dinners?

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    Mute Gillean Guy
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    Jun 14th 2013, 8:01 AM

    The purely Diabetic related issues are the length of time, in summer specifically, they have to fast and the particularly modern issue that many Muslims haven’t faced over the centuries is Diabetes.

    They may be fasting centuries but Diabetes was not prevalent for most of those.

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    Mute Richie Curry
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    Jun 14th 2013, 6:45 AM

    Couldn’t do it would faint from hunger

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    Mute Alyssa Frank
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    Jun 14th 2013, 7:01 AM

    Its not like they dont eat at all… I think its just before sunrise and after sunset that they have a meal

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    Mute John F
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    Jun 14th 2013, 8:19 AM

    Most have no food or water from sunset to sunrise, that includes abstaining from cigarettes (if you are a smoker) or chewing gum

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    Mute Alyssa Frank
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    Jun 14th 2013, 9:02 AM

    But they have a feast the times they do eat and in a lot of countries with a big islamic population they are allowed half days work/school.

    And realistically not a lot give up smoking (though they try to just hide it during Ramadan) and most would atleast have a bit of water to refresh their mouth so not to have bad breath. (Most people who fast would have some water).

    If you know much about other fasting practises you’d know Ramadan isnt too bad … not to say it’s any easier etc. I know of religious people who fast by just having a slice or bread or a cup of tea in the morning and then break their fast around 5/7pm

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    Mute Alyssa Frank
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    Jun 14th 2013, 9:27 AM
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    Mute Mark McGrath
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    Jun 14th 2013, 8:19 AM

    Some people fasting during Ramadan put on loads of weight as they eat huge meals and banquets before sunrise and after sunset every day. Probably more difficult for the body to cope with.

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    Mute richardmccarthy
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    Jun 14th 2013, 8:11 AM

    Fasting can have health benifits for the human body, and Islamic people that i know will confirm this, and it is recommended at intervails by health specialists,during the month of Ramadan the fast is strickly during daylight hours and food can be eaten after midnight.

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    Mute Robin Pickering
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    Jun 14th 2013, 9:05 AM

    For a diabetic, I’d say that not eating, not drinking and not taking your medication for 18 hours is not the healthiest option.

    What’s this fasting about anyway? Why do they fast for a month?

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    Mute Joe Sixtwo
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    Jun 14th 2013, 9:38 AM

    A lot of them lose weight in Saudi all year round, by choping off the odd hand or head.

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    Mute R Neuville
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    Jun 15th 2013, 8:52 AM

    Completely reversed my Diabetes Type 2 in 7 months … not difficult.
    Wrote a short paper on it free on Kindle Prime.
    “The Walnut Cure for Diabetes Type 2″

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    Mute Uncle Mort
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    Jun 14th 2013, 5:36 PM

    Shabbat begins at 9.36 PM today and ends at 11.17PM tomorrow.

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    Mute Mursaleen Siddique
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    Jun 8th 2015, 2:46 PM
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