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Dáil Éireann Debate, Tuesday - 13 June 2023

Tuesday, 13 June 2023

Questions (388)

Catherine Murphy

Question:

388. Deputy Catherine Murphy asked the Minister for Finance the number of instances in which his Department availed of services and or consultancy and or advices from a company (details supplied) in the past ten years to date; the costs of same; the number of contracts between the company and his Department; and the duration and costs of same. [28196/23]

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Written answers

Since 2013, my Department has engaged the services of the named company on the following occasions:

In 2015, my Department contracted the company to provide professional services to support the Money Laundering and Terrorist Financing National Risk Assessment. The contract lasted for 18 months and the cost was €73,031.

In 2018, my Department contracted the company to provide services for the provision of the appointment of an assessor pursuant to the Anglo Irish Bank Corporation Act 2009. The contract lasted for 2 years and the cost was €1,050,000. There was no cost to the Department of Finance as this was paid by the National Treasury Management Agency (NTMA) and was ultimately recouped by them from the Special Liquidation of Irish Banking Resolution Corporation.

In 2018, the Public Appointments Service were paid €30,750 relating to a competition for the appointment of members to the Central Bank Commission for 2018 on behalf of my Department. This payment was in relation to costs the Public Appointments Service incurred engaging the named company in relation to this work.

Finally, the Department has also received seconded staff from the named company on a number of occasions during the last 10 years. In this regard, the Economic Division had a secondee between September 2012 and September 2013, the Financial Services Division had a secondee between August 2012 and June 2013, and the Tax Division had a secondee between April 2014 and May 2015. There was no cost to the Department from the above arrangements. There was one secondment where there was a cost to the Department. This related to a secondment to the Department's Fiscal Stability Section between October 2012 and June 2013, the cost of which was €78,535 in the relevant period.

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