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Commissions of Investigation

Dáil Éireann Debate, Tuesday - 9 June 2015

Tuesday, 9 June 2015

Ceisteanna (361)

Niall Collins

Ceist:

361. Deputy Niall Collins asked the Minister for Finance the number of commissions of investigation under the aegis of his Department which have yet to complete and publish their reports; if he will provide a timeframe for same; and if he will make a statement on the matter. [22765/15]

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Freagraí scríofa

There are no Reports outstanding from Commissions of Investigations established by my Department.

The Government established a Statutory Commission of Investigation into the banking Sector, pursuant to Section 3 of the Commissions of Investigation Act, 2004 on 21st September, 2010.

Mr. Peter Nyberg was appointed as the sole Member of the Commission of Investigation (Banking Sector). His Final Report was completed and submitted to the Minister for Finance on March 22nd 2011. In accordance with the terms of Section 44(3) of the Commissions of Investigation Act, 2004, the Commission was dissolved on that date.

As Minister for Finance, I published the Commission of Investigation's (Banking Sector) Report on 19th April 2011. The report is titled "Misjudging Risk: Causes of the Systemic Banking Crisis in Ireland - Report of the Commission of Investigation into the Banking Sector in Ireland."

As the Deputy will be aware it is proposed that a Commission of Investigation be established shortly to investigate certain transactions entered into by IBRC.

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