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

In one famous instance that may have been mentioned, a British-based fund's Irish operations occurred on the basis of a purchase of an asset management company in Ireland and the founder of which was then appointed as managing director of Irish operations. The Central Bank fined those Irish operators €443,000 last year, which is not ancient history, because they had failed to submit a fraud report either to the Garda or Revenue over a two-month period. Would Coillte consider such an incident to be reason enough not to enter in to a construct with a company with that type of track record?

Comments

No comments

Log in or join to post a public comment.