Dáil Éireann Debate, Tuesday - 22 November 2016
108. Deputy Michael McGrath asked the Taoiseach the costs incurred to date under headings such as office accommodation, legal expenses, salaries and so on for each commission of investigation formally established since 2012 by his Department; the estimated final cost; the expected completion date of the commission. [35651/16]
Amharc ar fhreagraI am the specified Minister under the Commissions of Investigation Act 2004 in relation to two Commissions of Investigation that have been established since 2012, the Fennelly Commission which was established in April 2014 and the Irish Bank Resolution Corporation (IBRC) Commission which was established in June 2015. Details of the costs incurred by the Commissions to the end of October 2016 are set out in the following table.
|
Total Cost |
Rent |
Legal Expenses |
Salaries |
|
|
Fennelly Commission |
€2,758,762 |
Nil |
€1,554,563 |
€907,538 |
|
IBRC Commission |
€1,156,192 |
€236,160 |
€344,987 |
€303,722 |
Subject to section 6 (6) of the Commissions of Investigation Act 2004 the Fennelly Commission's final report is due to be completed by the end of 2016 and the IBRC Commission's final report on the initial module of its investigation in relation to the Siteserv transaction is due to be completed by the end of 2017.
The total cost of the Fennelly Commission is provisionally expected to be €3.5 million approximately. The total cost of the IBRC Commission to the end of 2017, excluding the cost of any litigation that may arise, is estimated at an approximate cost in excess of €10 million.
