Dáil debates
Tuesday, 4 December 2018
Saincheisteanna Tráthúla - Topical Issue Debate
Office of the Director of Corporate Enforcement Reports
6:25 pm
Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source
This investigation is now historic. It is crucial to understand the factors that led to the shortcomings identified by the judge so we can take measures to address them. Does Deputy Wallace know the measures we must take to address them? They involve strengthening the ODCE and giving it increased powers. This was the largest investigation that took place between 2008 and 2012. At that time, it was one of the most complex investigations in the history of the State. It is clear that the investigation was not up to the standard required and the ODCE did not have the skills to take it on. In 2008, the ODCE did not have one forensic accountant - not one. In fairness to the current director of the ODCE, he has upskilled, got further resources and has brought in expertise. He now has eight forensic accountants, one digital forensic scientific specialist, two enforcement portfolio managers and two enforcement lawyers. The ODCE has been put on an independent footing and will have more autonomy to get the people it needs and more money. There will be an extra €1 million for it. This will help the ODCE to do the job it must do, which is to ensure companies-----
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