Exchequer Payments

Dáil Éireann Debate, Wednesday - 21 September 2022

Wednesday, 21 September 2022

Questions (44)

Catherine Murphy

Question:

44. Deputy Catherine Murphy asked the Minister for Finance in respect of the fine of €405 million imposed on a company (details supplied) if the funds will be lodged into the central Exchequer or if he has provided an escrow facility. [46264/22]

Written answers

Minister for Finance

These funds have not been transferred to the Exchequer as administrative fines do not get collected until they are confirmed by a Court and, if applicable, the appeals process is complete. As a result, an escrow facility is not necessary in this case.