Oireachtas Joint and Select Committees

Thursday, 12 February 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013

10:00 am

Photo of Shane RossShane Ross (Dublin South, Independent) | Oireachtas source

It was, I can assure you. What was Enterprise Ireland doing investing so heavily in a company which was basically investing in UTV? Much of its core value was cash, as the witness is aware. Enterprise Ireland had a pile of money sitting there for a long time while it was investing in UTV as its biggest investment. It seems totally inappropriate.

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