Written answers
Tuesday, 2 December 2014
Department of Finance
Banking Sector Investigations
Michael McGrath (Cork South Central, Fianna Fail)
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179. To ask the Minister for Finance if he will provide all unpublished reports in the possession of his Department relating to matters arising from the banking crisis; his plans in respect of publication of these reports; and if he will make a statement on the matter. [45887/14]
Michael Noonan (Limerick City, Fine Gael)
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I am aware of a number of reports that have been produced by third parties in relation to matters arising from the banking crisis which remain unpublished at this time including those produced by McCann Fitzgerald and Ernst and Young in relation to governance matters in INBS.
I have been advised that given the on-going nature of the investigations by the Authorities, including in particular the investigation being conducted under the Central Bank's Administrative Sanctions Procedure into historic lending practices at INBS, the reports cannot legally be published at this time. Publication of the reports may be considered when those proceedings are concluded or when any Garda investigation has been finalised (or any proceedings arising from such investigation are concluded).
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