Government may demand all tapes

The Finance Minister says the Oireachtas inquiry into the banking crisis could demand all electronic recordings of calls in the possession of banks.

Michael Noonan’s also confirmed to the Dáil that the ‘Anglo Tapes’ were given to the financial regulator in 2009 but that an inquiry was suspended pending possible criminal prosecutions.

He’s also confirmed that an investigation by the special liquidator of the IBRC is underway to see if the leak of the tapes to the Irish Independent came from there. Minister Noonan says the Oireachtas inquiry could insist on all recordings held by the banks.

Meanwhile the Taoiseach says  says the Government will move to ensure the tapes are preserved.