Written answers
Wednesday, 1 February 2017
Department of Finance
Commissions of Investigation
Robert Troy (Longford-Westmeath, Fianna Fail)
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169. To ask the Minister for Finance the final costs to the Exchequer of each commission of investigation that has been completed to date in his Department in addition to the estimated costs to date of ongoing commissions of investigations. [5306/17]
Michael Noonan (Limerick City, Fine Gael)
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There has been one Commission of Investigation for which my Department has been responsible. The Commission of Investigation into the Banking Sector was established on 21 September 2010 by the Commission of Investigation (Banking Sector) Order 2010 (S.I. 454 of 2010) pursuant to s. 3(1) of the Commissions of Investigation Act 2004.
Mr Peter Nyberg was appointed as the sole Member of the Commission. His Final Report was completed and submitted to me on 22 March 2011. In accordance with the terms of s. 44(3) of the Commissions of Investigation Act 2004, the Commission was dissolved on that date. I published the Report of the Commission on 19 April 2011.
The cost of the Commission of Investigation into the Banking Sector was approximately €1.2 million.
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