Dáil debates
Tuesday, 8 October 2013
Other Questions
Residential Institutions Statutory Fund Board
3:25 pm
Ruairi Quinn (Dublin South East, Labour) | Oireachtas source
I have some information for the Deputies. If additional information is required, I will see that it is supplied. The briefing note states that contributions amounting to €70.789 million have been received from congregations and have been deposited in a special investment account opened by the National Treasury Management Agency, NAMA, in accordance with the provisions of the 2012 Act. Additional deposits of just over €1 million and €250,000 were lodged, and these represent the interest earned by the congregations on contributions made prior to the transfer and the interest earned on their earlier temporary Central Bank deposit account, respectively. An overall total, therefore, of €72.169 million has been deposited in the RISF special investment account to date. I am continuing to press the congregations to complete their contributions and offers. It is quite obvious, however, that access to resources is not an impediment at this point in view of the existence of the considerable sum of money to which I refer. I will take action on the points we discussed earlier and keep the Deputies informed on progress in respect of them.
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