Oireachtas Joint and Select Committees
Wednesday, 19 January 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Covid-19 Payments and the Sale of AIB shares: Minister for Finance
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Let me answer that question. That taxpayer has been named by The Irish Timesand its accounts are public. On the number of people who were retained in employment because of the EWSS, the answer is zero because all of the €1.8 million that went into that company through the EWSS was paid to the Isle of Man parent company in dividends. It is nearly the same amount; €1.76 million, which is nearly equivalent to what was paid in State supports. The Minister could have introduced this here because the furlough scheme was successful and the Dutch scheme was successful. Does the Minister know how many companies used this money to pay out dividends to shareholders?
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