Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

It does not just disappear. One company, as was widely reported in the media in 2008, had unpaid debts to several suppliers. It is reported they are still not paid. Revenue won a significant claim of €250,000 against the company for payroll discrepancies. There were Workplace Relations Commission, WRC, cases. In 2019, it went into examinership. Enterprise Ireland, I understand, had two investments in it. The gross figure was €800,000. There are High Court judgments, etc. I do not want to say too much more on it. In doing due diligence on a company like that, did red flags appear?

Comments

No comments

Log in or join to post a public comment.