Moriarty Tribunal has cost more than €61m to date

Michael Lowry.

The Moriarty Tribunal has cost the State more than €61m so far, the Public Accounts Committee has heard.

The investigation into the financial affairs of former Taoiseach Charles Haughey and former Fine Gael communications minister Michael Lowry is expected to cost €4.5m this year.

The tribunal was set up in 1997 and continues to cost the state.

The country's most senior civil servant, Secretary General of the Department of the Taoiseach Martin Fraser, told the Public Accounts Committee that Commissions of Investigation are better that tribunals in financial terms.

He said they are quicker, cheaper and "better in terms of spending" and that caution needs to be taken before the setting up of tribunals.

- Digital Desk

More on this topic

More in this Section

Shivs and Shanks: Exhibition of improvised weapons goes on display on Spike Island

Prisons seek to ease fears over backlog of sex offenders for treatment programme

Cystic fibrosis patients call for new hospital facilities

Update: Body found in search for missing Ruth Maguire in Carlingford


Lifestyle

All set for summer with a ray of festivals and gigs to chose from

A growing awareness to grow, cook and eat

Making Cents: Making their day special without breaking the bank

More From The Irish Examiner