The Office of the Director of Corporate Enforcement said that a total of 106 company directors were either restricted or disqualified last year due to their behaviour as directors of insolvent companies.
The ODCE published its annual report for 2019 today.
The report also showed that the ODCE reviewed over 1,250 reports, referrals, complaints and other inputs from various sources, including auditors, examiners, liquidators, members of the public, professional bodies and other statutory regulatory and enforcement bodies during the year.
Another 22 company directors were disqualified after ODCE investigations into companies that had been allowed by their directors to be struck off the Register of Companies for failure to file statutory returns while at the same time having significant outstanding debts.
The ODCE said this year's annual report was published in the middle of an "unprecedented public health emergency".
But it is said that despite the unprecedented measures that Government has had to introduce in response to the Covid-19 pandemic, the ODCE has been able to remain fully operational throughout.
Most ODCE staff are working remotely and progressing the office's business through alternate means such as increased use of videoconferencing platforms.
It is also able to continue its criminal investigative operations, including statement taking, gathering of evidence and arrests, through the ongoing physical presence on the part of Gardaí attached to the ODCE.
The office also said it is continuing litigation and related enforcement activities, including attendance in the High Court.
The ODCE said key investigations last year included the Independent News and Media case, the Console Suicide Bereavement Counselling case and the Football Association of Ireland case.
