Fine Gael has published its terms of reference for an inquiry into the banking collapse.
Unlike Labour, the party is not calling for a change in the law to oblige witnesses to appear, and to allow the inquiry come to findings about individuals.
Launching the proposals, Enda Kenny said he had asked Michael Noonan to chair the inquiry, which would examine a range of aspects of the collapse, including the policies and administrative decisions of Government and agencies.
Mr Kenny confirmed that were such an inquiry to be set up, it was likely the Taoiseach would be called as a witness as he had been in charge of economic policy during the relevant period.
Fine Gael feels that in the current climate bankers would have little option but to co-operate with an inquiry and powers of compellability is not an issue.
Yesterday the Government said it would examine how best to learn the lessons of the banking crisis and the Labour outlined how it planned to change the law to facilitate its favoured form of parliamentary enquiry.
