Oireachtas Joint and Select Committees

Thursday, 19 September 2013

Public Accounts Committee

Annual Report and Accounts 2012: Discussion with IDA Ireland

11:10 am

Photo of John DeasyJohn Deasy (Waterford, Fine Gael) | Oireachtas source

I will not take up more time, but I will outline how I perceive Mr. O'Leary's role. I do not expect the CEO of the IDA to second-guess the reasons for Ireland's and the IDA's success in attracting industry, particularly from America. Rather, I expect the CEO to do everything with the people who change the laws in this country to ensure that we are more competitive, notwithstanding Deputy Ross' comments. If our tax code must be tweaked to make Ireland more attractive to companies, regardless of whether doing so engenders more criticism from members of the US Senate's finance committee, a place of which I have some experience, I would feel better, not worse. Mr. O'Leary's role is to make us more competitive within the rules and guidelines. I do not expect him to second-guess the fundamental reasons for the IDA's success.

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