Oireachtas Joint and Select Committees

Tuesday, 20 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Irish Mortgage Market: Competition and Consumer Protection Commission

2:00 pm

Ms Isolde Goggin:

In our recent case, which involved a flooring cartel, a whistleblower told us of that person's belief that there was a cartel in the industry. We carried out searches and dawn raids. An immunity applicant then came forward and was willing to give evidence in return for immunity. We produced a file that we sent to the DPP. It took us approximately two years to get to that point, but the whole process took about five years from start to finish. I am sorry, as I do not have the exact dates in my head, but I believe that it took us around two years to investigate and then we sent the file to the DPP.