The Deputy's correspondent made allegations against Enterprise Ireland and its predecessor organisations (Forbairt / Industrial Development Authority). The matter was considered by Enterprise Ireland in the past and the Agency was satisfied that there was no impropriety. Nonetheless, in light of the continuing concerns expressed by the Deputy's correspondent, my Department asked Enterprise Ireland to investigate the matter further in October 2010. The Deputy's correspondent also brought the matter in question to the Public Accounts Committee in November, 2010. Following a tendering process, Enterprise Ireland engaged a firm of consultants (Deloitte) to investigate the allegations. Seven areas of complaint were investigated independently. The Report was completed in May 2011, at a cost to Enterprise Ireland of €10,527. The Report found that the evidence put forward by the correspondent did not support the allegations.
The Board of Enterprise Ireland considered the matter at its meeting on 14th September, 2011, and a copy of the Deloitte Report was forwarded to the Public Accounts Committee, by my Department, for its consideration.
While Mr Russell has reiterated his allegations and does not accept the findings of the independent report, he has not provided any new information. In the circumstances, my Department does not intend to take further action.