Oireachtas Joint and Select Committees
Tuesday, 6 October 2020
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Revised Estimates for Public Services 2020
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
It is page 16 in the document I have here, which states that the Estimate for 2020 has been reduced to reflect the actual funding required by the office. In the other document, to which I refer, on page three it states that the funding has been reduced from €950 million to €768 million. I imagine that the tracker mortgage scandal and the increased caseload of the Financial Services and Pensions Ombudsman may have put additional pressure on the organisation, although some cases have not yet been closed. A significant number of cases relate to business interruption. Indeed, court proceedings have commenced today in respect of same, and the findings will emerge in due course. I do not like the fact that there is a significant reduction in the allocation of funding to this office, without which, we would not have known about the €1 billion theft by the banks in relation to mortgages and many other issues besides.
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