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MPs criticise parliament’s in-camera probe for directors of failed banks


Some members of parliament (MPs) have criticised the decision by the Finance Committee to query directors of the collapsed indigenous banks in-camera.

The Committee has said it will spend three days – from September 6-7 – to probe the issue.

Even before it starts, there are fears a public probe could further dampen public confidence in the banking sector, because there could be more damning revelations of wrongdoing.

But some parliamentarians say an open probe is the way to go.



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