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
That is fascinating. The first table refers to funds raised on Dublin Euronext between 2018 and 2021 in the billions of euro. Will Dr. Stewart talk us through that table and comment on the fact Russian Railways, RZD, raised a total of €10.1 billion in the years 2010 to 2021, inclusive? He stated that in addition, banks availing of section 110 raised finance for the Russian military. Firms that are based in Ireland, because of whatever way they have been made up, are in a position to raise €10.1 billion for the Russian Railways and God knows how much for the Russian military. Is that correct?
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