herald

Saturday 21 October 2017

Advisers named for bank probe

INQUIRY

NINE advisers have been selected to help set the terms of the long-awaited banking inquiry - with the vast majority either public servants or academics.

The inquiry committee, meeting in private yesterday, set out the membership of the so-called ad-hoc advisory group which it said brought together expertise on the banking sector.

The group will help the committee determine the terms of the inquiry before mid-September. But the advisors will have no further role once the probe is up and running.

Economist Colm McCarthy (above), Comptroller & Auditor General Seamus McCarthy and former Aviation Regulator Cathal Guiomard are among the names. Committee chairman Ciaran Lynch said none of the experts would be paid for their work and that they were doing it on a pro-bono basis.

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