Oireachtas Joint and Select Committees
Thursday, 5 October 2017
Public Accounts Committee
IDA - Financial Statement 2016
9:00 am
Mr. Martin Shanahan:
Yes, exactly. It only happens in the event that the company is not successful or does not honour the conditions that we have made. Obviously, the levels were higher during the period when there was more economic turbulence. However, as Deputy Burke has pointed out, that has fallen back significantly in the past year. This means, basically, companies have done exactly what we expected them to do and what they expected to do.
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