Oireachtas Joint and Select Committees
Wednesday, 1 February 2017
Joint Oireachtas Committee on Transport, Tourism and Sport
Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed)
1:30 pm
Shane Ross (Dublin Rathdown, Independent) | Oireachtas source
We are talking about the immediacy of the issue. The Deputy has said that in 19 days we will face a doomsday scenario. I do not think Mr. Herman was saying the company would be insolvent by March; rather, I think he was saying it would be insolvent much later if things were to continue as they were. I do not know what the cost would be. We could probably have a figure worked out. It would be extremely punitive if there was to be an insolvency.
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