John Deasy (Waterford, Fine Gael) | Oireachtas source

Yes, I agree, especially with regard to the IBRC investigation. The last line is interesting that in order to complete its work by the end of 2016, a request has been made for funding of €3 million. Yesterday, the Taoiseach mentioned that this investigation could possibly take eight years. Lets do the maths. If that is the case, or even close to it, given that by 2016 an additional €3 million will be involved, then one is talking about serious money if it runs into another seven years beyond that. It is clear to me that a proper analysis, based on the estimates with regard to how long this could take, has not been conducted. To be honest, the answer we received from the Department of Public Expenditure and Reform indicates that.