Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Public Accounts Committee
National Transport Authority - Financial Statement 2011
12:00 pm
John McGuinness (Carlow-Kilkenny, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
Irish Rail got a subsidy of €16 million and it realised €20 million from the sale of property. It had to sell the property because it could not meet day to day expenses. In spite of realising €20 million on the property sale, it still got €16 million of taxpayers’ money as a subsidy.