MEPs ask for further delay in Eq Life inquiry

At Tuesday’s meeting of the Committee the MEPs decided to ask the President of Parliament for a further three-month extension, which would see the Committee adopt its final report in time to present it to Parliament’s plenary before the summer break. The Committee of Inquiry, set up in January 2006 and made up of 22 MEPs from across the EU, was originally given a year-long mandate to investigate the collapse of the insurer Equitable Life. However, in its interim report published last June by Diana Wallis, Liberal Democrat MEP and rapporteur to the Committee, the group asked for a three-...