Dáil debates

Thursday, 17 December 2020

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Corporate Governance

11:00 am

Photo of Robert TroyRobert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

We are on the same page on this matter. We can work together to progress the legislation in a timely fashion. The Deputy is correct that the establishment of this authority on its own will not be the panacea to white-collar crime and that this is a matter that crosses many Departments. The Deputy referenced the Hamilton report launched by the Department of Justice earlier this year and the aspirations contained therein. It is important that we take the first step, which is the establishment of the authority. It is long overdue. That does not mean the reforms will stop there. We will continue to build on that, evolve and ensure our legislative responses are fit for purpose. I have no doubt we will do that.

The Deputy asked about funding. The funding for the ODCE in 2021 is over €6 million, which is a 20% increase on the allocation for 2018. This is an acknowledgement of the fact that in establishing the authority it must be adequately resourced so it can be fit for purpose.

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