Stephen Donnelly (Wicklow, Independent) | Oireachtas source

There was no implication that the report was not being taken seriously. The question that was asked in good faith was about the provision of an update.

I accept the Insolvency Service of Ireland, ISI, comes under the remit of the Department of Justice and Equality but is a key component of what is happening under the remit of finance, namely, the mortgage crisis. Four of the recommendations in the report relate to the Insolvency Service. We have compelling data, and we saw during the investigation, that the Insolvency Service is not working. It has processed approximately 27 or 47 personal insolvency arrangements, PIAs, but relative to the scale of the problem it is as good as zero. I appreciate that the review of the service will be conducted by the Minister for Justice and Equality, Deputy Fitzgerald, but would the Minister be happy for a review to take place? The previous Minister for Justice and Equality, Deputy Shatter, said that if the system did not work then it would be reviewed straight away. In his remit as Minister for Finance looking at the impact the service is having or not on the mortgage crisis, would he like to see a review of the insolvency legislation to get the ISI and the insolvency process working better?

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