Oireachtas Joint and Select Committees
Tuesday, 3 July 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Role and Operation of National Development Finance Agency: Discussion
1:30 pm
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
There was a subsequent profit warning in September and another profit warning in November. When did the light go on that this place was going down the tubes and this company was no longer there? It was not just profit warnings; 25% of shares in Carillion were being shorted at the time by companies like Blackrock, which the State has many engagements with. There were other warnings about Carillion's pension pot. It seems as if the NDFA was caught in the headlights.
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