Dáil Éireann Debate, Tuesday - 1 October 2013
286. Deputy Seán Kyne asked the Minister for Education and Skills if there has been an increase in the past 12 months in the contributions being made by the 18 religious orders to the statutory fund designed to make restitution to the victims of abuse; and if he will make a statement on the matter. [41106/13]
View answerTotal contributions amounting to €48.787m have been received from the religious congregations towards the Residential Institutions Statutory Fund (RISF) in the past year. When added to the €22m previously received in contributions, a total of €70.787m has been deposited in the special investment account opened by the National Treasury Management Agency in accordance with the Residential Institutions Statutory Fund Act, 2012. Additional deposits of €1.099m and €0.283m have been lodged, representing the interest earned by congregations on contributions prior to their transfer and the interest earned on the earlier temporary Central Bank deposit account respectively. An overall total of €72.169m has been deposited in the RISF special investment account to date.
