Oireachtas Joint and Select Committees

Tuesday, 20 April 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

It was about jobs. The policy decision I made was that remuneration policy not intended to apply to Goodbody in the first place would continue to not apply to it. If I had not made that decision, it is my view that this purchase would not have gone ahead. There is value to Irish jobs and our economy in having at least one of our stockbroking firms in the stable ownership of an Irish company. That decision is one that also had really considerable benefits for FEXCO. If I had not made that decision, the purchase would not have happened.

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