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Ceisteanna - Questions: Commissions of Investigation (11 Oct 2022)

Micheál Martin: I propose to take questions Nos. 1 to 5, inclusive, together. My Department received the report of the Irish Bank Resolution Corporation, IBRC, commission of investigation on the Siteserv transaction on 29 July 2022. I arranged for it to be published and laid before the Houses of the Oireachtas on 7 September 2022, following consultation with the Attorney General. The commission's...

Written Answers — Department of An Taoiseach: Commissions of Investigation (21 Sep 2022)

Micheál Martin: I arranged for the report of the Irish Bank Resolution Corporation (IBRC) Commission of Investigation to be published and laid before the Houses of the Oireachtas on 7 September 2022. Among the many findings made by the Commission in the report, it determined that the Bank might, subject to certain assumptions which are set out in the report, have recovered up to €8.7 million more...

Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Micheál Martin: I welcome the opportunity to discuss the report of the Irish Bank Resolution Corporation, IBRC, commission of investigation on the Siteserv transaction today.

Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Micheál Martin: ...following consultations between Oireachtas parties. Under these amended terms of reference, the commission was required to investigate all transactions, activities and management decisions at the IBRC, other than those relating solely to the acquisition of assets by the National Asset Management Agency, which occurred between 21 January 2009 and 7 February 2013 and which either resulted...

Ceisteanna - Questions: Commissions of Investigation (5 Apr 2022)

Micheál Martin: ...in looking back is that we use the prism of today to judge actions 30 or 40 years ago. In respect of the financial issues, I agree very serious issues were raised, particularly in terms of the IBRC. It is seven years since that inquiry commenced. In regard to Deputy Bacik's point, the draft report has been completed. In July 2021, the commission issued a draft of its report, which...

Ceisteanna - Questions: Commissions of Investigation (5 Apr 2022)

Micheál Martin: ...Act 2004 are the Irish Bank Resolution Corporation Commission of Investigation and the National Asset Management Agency Commission of Investigation, both of which are fully independent. The IBRC Commission of Investigation was established in June 2015 following consultation with Oireachtas parties. It is investigating certain transactions, activities and management decisions at the...

Written Answers — Department of An Taoiseach: Commissions of Investigation (29 Mar 2022)

Micheál Martin: ...Act 2004 are the Irish Bank Resolution Corporation Commission of Investigation and the National Asset Management Agency Commission of Investigation. Both Commissions are fully independent. The IBRC Commission of Investigation was established in June 2015 following consultation with Oireachtas parties. It is investigating certain transactions, activities and management decisions at the...

Ceisteanna - Questions: Commissions of Investigation (23 Nov 2021)

Micheál Martin: ...Act 2004 are the Irish Bank Resolution Corporation commission of investigation and the National Asset Management Agency commission of investigation. Both commissions are fully independent. The IBRC commission was established in June 2015 following consultation with Oireachtas parties. It is investigating certain transactions, activities and management decisions at the IBRC and in its...

Written Answers — Department of An Taoiseach: Commissions of Investigation (15 Sep 2021)

Micheál Martin: ..., the Commissions are fully independent in their investigations. The Commissions of Investigation concerned are: - the Commission of Investigation on the Irish Bank Resolution Corporation (IBRC) which is investigating certain transactions. To the end of August this year the Commission cost €10,593,230, excluding any third party legal costs incurred which have yet to be paid....

Ceisteanna - Questions: Commissions of Investigation (12 May 2021)

Micheál Martin: ...Commissions of Investigation Act 2004, I am the specified Minister for both the IRBC and the NAMA commissions of investigation. Both commissions are fully independent in their investigations. The IBRC commission of investigation was established by Government order in June 2015, following consultation with Oireachtas parties. The IBRC commission's sole member is Mr. Justice Brian Cregan....

Written Answers — Department of An Taoiseach: Commissions of Investigation (5 May 2021)

Micheál Martin: The IBRC Commission of Investigation was established by Government Order in June 2015 following consultation with Oireachtas parties. The IBRC Commission is entirely independent in its work and Mr. Justice Brian Cregan is its Sole Member. From the time of its establishment in June 2015 to the end of March 2021 the IBRC Commission spent €9,674,00 approximately, of which...

Written Answers — Department of An Taoiseach: Departmental Investigations (28 Apr 2021)

Micheál Martin: Under the Commissions of Investigation Act 2004, I am the specified Minister for the IBRC Commission of Investigation, for which Judge Brian Cregan is the Sole Member, and the NAMA Commissions of Investigation, for which Judge John Cregan is the Sole Member. Both Commissions are fully independent in their investigations. From the date of its establishment in June 2015 to the end of March...

Ceisteanna ó Cheannairí - Leaders' Questions (3 Feb 2021)

Micheál Martin: The two situations are not comparable at all. No ex gratiapayments were made by the Government in respect of the liquidation of IBRC.

Ceisteanna ó Cheannairí - Leaders' Questions (3 Feb 2021)

Micheál Martin: It is one with which the Government could not interfere. The Oireachtas liquidated the IBRC in an all-night sitting. The Oireachtas did not liquidate Debenhams. There are fundamental differences and the Deputy knows it, but he is being populist in his presentation of the issues.

Written Answers — Department of An Taoiseach: Tribunals of Inquiry (24 Nov 2020)

Micheál Martin: The two Commissions of Investigation for which I am the specified Minister under the Commissions of Investigation Act 2004 are the IBRC Commission of Investigation, for which Judge Brian Cregan is the Sole Member and the NAMA Commission of Investigation, for which Judge John Cooke is the Sole Member. Both Commissions are fully independent in their investigations. Excluding third party...

Ceisteanna – Questions: Departmental Advertising (6 Oct 2020)

Micheál Martin: ...consultation notices for draft language schemes and for the Vótáil 100 commemorations. There was also expenditure for advertisements relating to the recruitment of judges and the Irish Bank Resolution Corporation, IBRC, Commission, which is an independent statutory commission that contracted services to manage their public relations responsibilities. In 2018. the €1.6...

Written Answers — Department of An Taoiseach: Departmental Advertising (8 Sep 2020)

Micheál Martin: ..., for public consultation notices for draft language schemes, and for the ‘Votail100’ commemorations. There was also expenditure for advertisements relating to the recruitment of Judges. The IBRC Commission, which is an independent statutory commission, contracted services to manage their public relations responsibilities. The spend to date in 2020 has been focussed on the...

Written Answers — Department of An Taoiseach: Commissions of Investigation (14 Jul 2020)

Micheál Martin: The IBRC Commission is fully independent and it is solely a matter for the Commission to carry out its investigation in a timely and cost effective manner. Neither I or my Department have any input or role in the operations of the Commission. The IBRC Commission was established in June 2015 by a Government Order which was approved in draft by the Dail and Seanad, with terms of reference...

Written Answers — Department of An Taoiseach: Public Inquiries (14 Jul 2020)

Micheál Martin: ...Investigation for which I am the specified Minister under the Commissions of Investigation Act 2004 are the NAMA Commission of Investigation, for which Judge John Cooke is the Sole Member, and the IBRC Commission of Investigation, for which Judge Brian Cregan is the Sole Member. Both Commissions are fully independent in their investigations. The NAMA Commission of investigation was...

Estimates for Public Services 2020 (7 Jul 2020)

Micheál Martin: ...to establish an inquiry, it is then totally independent. I recall all the leaders in the Dáil looking for this inquiry in 2015 and agreeing on a bespoke Act in 2017 to facilitate the establishment of the IBRC inquiry, yet it is now 2020 and it will go to the end of the year. It is unclear whether a conclusion will be arrived at by the end of the year. That means that the Oireachtas...

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