Martin Kenny (Sligo-Leitrim, Sinn Fein)
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136. To ask the Minister for Enterprise, Trade and Employment the estimated cost of increasing staffing by 10% in the Office of the Director of Corporate Enforcement per annum. [34063/22]

Leo Varadkar (Dublin West, Fine Gael)
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As the Deputy will be aware, the  Corporate Enforcement Agency will be formally established very shortly and will effectively subsume the Office of the Director of Corporate Enforcement. The new Agency will have greater autonomy and flexibility in terms of the ability to recruit staff with the necessary skills mix and depth of experience  to meet the reinforced mandate of the CEA.

In preparation for the establishment of the new Agency, the overall budget allocation for the ODCE was increased  by almost 30% to €7.75 million in 2022. In terms of pay, the ODCE’s current pay allocation  is €3.95 million. An increase of 10% in this allocation would cost €395,000.