Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

The context is that €16 million in taxpayers' money was invested in Irish Rail at the end of last year. I assume the investment in the carriages was in the order of €44 million, which is more than double €16 million. It is certain that €16 million in taxpayers' money was invested but there is uncertainty regarding the future growth of Irish Rail. Mr. Murphy stated the carriages have a life span of 20 to 30 years but they are sitting doing nothing. It is like a racehorse owner holding onto 20 yearlings in the belief they might win a few races in three or four years although his business cannot sustain this decision. I am not certain CIE can sustain retaining 21 carriages worth €44 million if they are idle in a carriage graveyard.