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

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

I am aware of those companies that are in the public domain but it has not been reported back to me because it was not a reporting requirement for accessing this scheme. However, this scheme is the most significant and successful one for the retention of jobs and that is the measure against which it should be judged.

The Deputy is raising the case of an individual taxpayer. He stated the issue is in the public domain. That is a taxpayer who employs people. There are people working for that company. My first priority and objective during the pandemic with the employment wage subsidy scheme was to retain and create work when this pandemic hit. By any objective evaluation, I and the Government have been successful in that regard.

The Deputy referred to a letter he wrote to me. Did he raise this issue with me at any point during the various debates we had on the legislation for this scheme?

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