James Bannon (Longford-Westmeath, Fine Gael)
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189. To ask the Minister for Finance if he will immediately establish an independent body to investigate the full circumstances of the banking collapse and bring those responsible to justice. [27524/13]

Michael Noonan (Limerick City, Fine Gael)
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The Deputy will be aware that my colleague, the Minister for Public Expenditure and Reform, indicated that he supported the objective of holding a legally robust, parliamentary banking inquiry when he announced last month the publication of his Department’s ‘Houses of the Oireachtas (Inquiries, Privileges and Procedures) Bill 2013’. While I understand the primary purpose of this Bill is to create a legislative framework for Oireachtas inquiries generally, it would be of direct practical assistance in facilitating a banking inquiry in accordance with a decision of the Houses of the Oireachtas in this regard. As this is a matter for the Houses of the Oireachtas themselves to determine however, it is not within my remit to take the action requested by the Deputy.