Oireachtas Joint and Select Committees
Wednesday, 1 June 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Use of Section 110 by Russian Firms: Dr. Jim Stewart
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I thank Dr. Stewart for his attendance. During the course of his opening statement I was looking at his comments on the treatment of the section 110 firms. Can he add a comment to that section where capital could be raised at relatively low interest rates given the risks of providing finance to Russian firms where there was little regulation? What does Professor Stewart mean by saying that capital could be raised?
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