Oireachtas Joint and Select Committees
Wednesday, 20 February 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Access to Credit Provision: Discussion with Credit Review Office
2:25 pm
Michael McGrath (Cork South Central, Fianna Fail)
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It costs approximately €500,000 a year to run the office. Mr. Trethowan has upheld about 120 appeals so far and the banks have agreed to implement his recommendations in these cases. That works out at a figure of €12,500 for each successful appeal. Does this represent value for money?