Company Law Compliance.

Dáil Éireann Debate, Wednesday - 7 July 2004

Wednesday, 7 July 2004

Questions (165)

Breeda Moynihan-Cronin

Question:

161 Ms B. Moynihan-Cronin asked the Tánaiste and Minister for Enterprise, Trade and Employment if her attention has been drawn to allegations that an organisation (details supplied) filed apparently false and incomplete documentation in the companies registration office for two successive accounting years, 1998 and 1999; if her attention has also been drawn to the further allegations that this organisation is also in effective control of a linked organisation that in the 12 years to December 2000 raised a substantial sum of money, but that there is no record of the way in which this money was spent in pursuit of the objectives of the charity and that these allegations have been reported to the office of the director of corporate enforcement, although no action has been taken by that office on the matter; and if she will make a statement on the matter. [20803/04]

Written answers

Tánaiste and Minister for Enterprise, Trade and Employment (Ms Harney)

I understand that the matters referred to by the Deputy concern compliance with company law. Since 28 November 2001, the Director of Corporate Enforcement is responsible for enforcing and for securing compliance with the Companies Acts. He is required under the Company Law Enforcement Act 2001 to be independent in performing those functions. He is also obliged as a general principle to keep confidential any information obtained by him in that context. I am not in a position to say, therefore, whether or not any investigation has been or is being carried out by the office of the director of corporate enforcement in regard to these companies.