Oireachtas Joint and Select Committees

Tuesday, 13 December 2022

Joint Oireachtas Committee on Agriculture, Food and the Marine

Forestry Strategic Vision: Coillte

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

I know the witnesses have indicated they cannot or will not deal with the specifics of what potential companies with which Coillte is engaging but we can take Gresham House as an example of the type of companies that are engaged in this type of activity. The witnesses may be aware of some very serious concerns within Scotland where a member of the Scottish Parliament, when describing a joint venture that included that company, stated "Its business objective is not to plant trees or save the planet but to aid the super-rich in avoiding paying taxes—income tax, corporation tax, capital gains tax and inheritance tax." Before Coillte enters into any such joint venture what oversight is it doing to look at the international experience of this type of joint ventures where they have been embarked on previously?

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