Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Derek Quinlan:

Well the tax breaks, I mean, the Four Seasons has never been accurately ... the Four Seasons' story has never been accurately reported in the press. But the reality at the time was that the then developers of the hotel in the year 2000 went wallop when the hotel was maybe 75% built. And the partners and the Four Seasons had to put up more money to get the hotel built. And I believed, I mean, I don't know, I was very proud of the fact that the Four Seasons, who are recognised as one of the foremost hotel groups in the world, were coming to Ireland and that I was in the lucky position to assist and to facilitate them. And they definitely raised the standard, Senator, in my opinion, right across the board.

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