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Residential Institutions Statutory Fund

Dáil Éireann Debate, Tuesday - 7 November 2017

Tuesday, 7 November 2017

Questions (330)

Catherine Connolly

Question:

330. Deputy Catherine Connolly asked the Minister for Education and Skills the amount that remains outstanding of the €110 million offered by the religious congregations following the publication of the Ryan report in 2009; and if he will make a statement on the matter. [45940/17]

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Written answers

To date, some €101 million, comprising post Ryan Report contributions from congregations, associated interest and cash from property disposals has been lodged to the special investment account opened by the National Treasury Management Agency pursuant to the Residential Institution Statutory Act, 2012.

Based on information provided by the congregations concerned I understand that the remaining cash contributions required to reach the pledged amount of €110 million will be received by the end of 2018.

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