Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

I am satisfied that the €1 million will be sufficient to help the agency set up as an independent body. As the Chair stated, the legislation is before the committee. In fairness to the ODCE, it has been doing great work. It has increased its staff, built on its expertise and strengthened its capability to investigate increasingly complex breaches of company law.

It is building on the organisational and procedural reforms that have been implemented. It is doing good work and has had quite a lot of successful investigations and I am satisfied that the €1 million will be sufficient so that it can be set up as an independent agency.