Written answers

Thursday, 17 December 2009

Department of Enterprise, Trade and Employment

Fraud Investigations

6:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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Question 41: To ask the Tánaiste and Minister for Enterprise, Trade and Employment when she expects the Office of the Director of Corporate Enforcement to conclude its investigation into a matter (details supplied); and if she will make a statement on the matter. [48141/09]

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)
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I have received no indication from the Director of Corporate Enforcement as to the timescale for the completion of this extensive and complex investigation. Several million documents are involved and the High Court has recently described the evaluation of them as 'a daunting task'. However, I understand that the investigation is proceeding satisfactorily and that the Office of the Director is working closely with the Garda Bureau of Fraud Investigation with respect to its own investigations. The Director of Corporate Enforcement is independent in the performance of his compliance, investigation and enforcement functions under the Companies Acts.

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