Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

2:20 am

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

On page four of his report Strengthening the Capacity of the Department of Finance, Report of the Independent Review Panel, Mr. Wright states:


We met a large number of people from the political system, officials from the Department, individuals from the broader Public Sector and those with an interest in, and interaction with, the Department...We enjoyed complete access to departmental personnel and records.
Did he find evidence of strong lobbying by the property, the construction or the banking sectors in the Department? I have a related question in respect of tax incentives, based on a quotation from page 31 of his report which states:
However, there were countervailing views at the time and even demands for substantial additional tax incentives for construction which, thankfully, were rejected by the Government.
From where did the demands for further incentives for the construction industry come? Did he find evidence of who was lobbying and how the very powerful interests lobbied?

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