Oireachtas Joint and Select Committees
Wednesday, 19 June 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform
4:45 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
The Minister clarified that the issue under consideration was the sale of Coillte harvesting rights rather than the company's lands. He stated: "a disposal of Coillte’s harvesting rights, which comprise much of the current value in the company, would have major implications for the future viability of the remaining business, particularly given its significant capital requirements". Will he elaborate on his comment that the disposal would have had implications on the future viability of the company?
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