Wednesday, 18 January 2017
Department of An Taoiseach
I am the specified Minister under the Commissions of Investigation Act 2004 in relation to two Commissions of Investigation which are ongoing, the Fennelly Commission which was established in April 2014, and the Irish Bank Resolution Corporation Commission which was established in June 2015. To the end of December 2016, the cost to the Exchequer of the Fennelly Commission was €3,019,100 while the cost of the IBRC Commission was €1,498,983. The IBRC Commission has also indicated in its Interim Report that significant third party costs have been incurred which are likely to arise for payment in due course.