Aengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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Question 75: To ask the Minister for Finance the cost to the Exchequer of commissioning and publishing the Honohan, Regling-Watson and Nyberg reports; the money paid to each of the four drafters involved; the cost of additional researchers and personnel; and if he will make a statement on the matter. [9648/11]

Michael Noonan (Limerick City, Fine Gael)
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The previous Government announced the establishment of an investigation into the banking crisis on 19 January 2010. There was a two-stage process. For the first stage, the Government commissioned two separate preliminary reports. One report was prepared by Professor Patrick Honohan, Governor of the Central Bank of Ireland, entitled "The Irish Banking Crisis – Regulatory and Financial Stability Policy 2003-2008". There was no cost to the Exchequer in relation to this report as all costs were met by the Central Bank of Ireland. A second report was prepared by Mr. Klaus Regling and Mr. Max Watson who were appointed by the Minister for Finance entitled "A Preliminary Report on the Sources of Ireland's Banking Crisis". The total cost of this report was €124,398.

The second stage of the inquiry was the establishment of a Statutory Commission of Investigation, pursuant to the Commissions of Investigation Act 2004. On 7 July 2010, the previous Government announced its decision to establish a Commission of Investigation into the banking sector in Ireland. The Commission was formally established on 21 September 2010 by Government Order, and Mr. Peter Nyberg was appointed as the sole Member of the Commission.

The Commission of Investigation reported to me on 22 March 2011. While there are a small number of payments outstanding in relation to the Commission, it is expected that the overall cost of the Commission of Investigation will be in the region of €1.2 million and includes staffing, accommodation, equipment and legal costs. Final costs will be available in the coming weeks when all remaining invoices have been received.

Dessie Ellis (Dublin North West, Sinn Fein)
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Question 76: To ask the Minister for Finance the total value of fees paid directly by him in respect of all services provided by a company (details supplied) for the years 2009 and 2010; and if he will make a statement on the matter. [9654/11]

Michael Noonan (Limerick City, Fine Gael)
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My Department made no payments to the company mentioned by the Deputy during the years 2009 and 2010.