Seanad debates

Wednesday, 10 June 2015

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion

 

10:30 am

Photo of Paul BradfordPaul Bradford (Independent) | Oireachtas source

I move amendment No. 2:



To insert the following after “Seanad Éireann on 9th June 2015”:but calls on the Government to make the following amendments to the draft Commission of Investigation (Irish Bank Resolution Corporation) Order 2015:
- the Commission of Investigation shall submit to the Taoiseach an interim report in relation to its investigation no later than 14th September 2015 on the status and likely conclusion date of its work;

- Seanad Éireann shall, no later than 15th September 2015, be recalled for a debate on the interim report of the Commission of Investigation;

- the Minister for Finance resources and supports the Commission of Investigation in a manner that will ensure that it will issue a final report no later than 30th October 2015; and
after “SCHEDULE 2(f)” to add the following new paragraph:
- (g) In relation to each transaction under investigation, what protocols and controls the Minister for Finance and his Department had in place in respect of the transaction concerned and whether sanction was given for the transaction to occur; and
to amend SCHEDULE 1(a) by deleting “€10,000,000” and inserting “€1,000,000”.

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