Oireachtas Joint and Select Committees

Thursday, 26 November 2015

Public Accounts Committee

Bord na gCon Financial Statements 2014

10:00 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I will conclude in one moment and then call on Deputy McFadden.

If there is €14.8 million and 10,000 recipients, the taxpayer is giving approximately €1,480 to everybody who is broadly involved in the industry as a subsidy to keep it going. It is good to put that figure on the record. That is how I translate the €14.8 million. It is divided among 10,000 people, with approximately €1,500 going to everybody who has a dog and who goes to the races. The taxpayer is essentially giving money to everybody involved. Mr. Phil Meaney might state whether this is a fair analysis. He can understand the global picture.

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