Oireachtas Joint and Select Committees

Thursday, 26 January 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Business and Banking: Discussion.

10:00 am

Ms Jackie Lavin:

It was a cashflow problem. 2009 was a particularly bad year for the motor business. From a high turnover of more than €200 million, the value was probably reduced down. Business was contracting at the time.

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