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Noonan wants Drumm to face inquiry

Updated 12.20 Disgraced former Anglo Chief Executive David Drumm should return home to participat...
Newstalk
Newstalk

07.55 1 Jul 2013


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Noonan wants Drumm to face inq...

Noonan wants Drumm to face inquiry

Newstalk
Newstalk

07.55 1 Jul 2013


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Updated 12.20

Disgraced former Anglo Chief Executive David Drumm should return home to participate in a banking inquiry, according to the Finance minister.

Michael Noonan says Mr. Drumm, who now lives in the United States - where he is trying to declare bankruptcy - should be treated no differently to any other important figure.

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Minister Noonan warned of penalties if David Drumm doesn't co-operate.

Michael Noonan spoke to reporters in Limerick earlier, about the possibility of Mr. Drumm appearing before an inquiry:

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The former Chief Executive of Anglo Irish Bank has said he will take part in a banking inquiry if required, but it's unclear if and when he will return to Ireland to answer questions.

David Drumm says he wants all those responsible to be called to account for the banking crisis and says the blame cannot lie only with him. He wants tapes from other banks' phone systems to be published, after independent.ie released a series of tapes and transcripts from the former Anglo Irish Bank.

In an article published in yesterday's Sunday Business Post, Mr Drumm spoke to US-based journalist Niall O'Dowd, he said he believed he was being scapegoated for the crash at Anglo.

Niall O'Dowd, the founder of Irishcentral.com and the journalist who carried out the interview with David Drumm published in the Sunday Business Post yesterday, spoke to Newstalk's Breakfast about Drumm's participation in any banking inquiry:

Meanwhile, in the latest series of tapes released by Independent.ie, Anglo's David Drumm & John Bowe discuss how Anglo is (at that stage) just hanging in there as the level of concern at rival banks grows:


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