Oireachtas Joint and Select Committees
Wednesday, 22 May 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Strategy Statement 2011-2014 and IFSC Clearing House Group: Discussion with Department of the Taoiseach
2:20 pm
Mr. Martin Fraser:
I understand the Deputy's question, but I do not know the answer, as I do not deal with individual companies. I was not aware of the background to the Capita announcement which I read in the newspapers. I saw reports that the jobs would go to former IBRC workers. Staff in the banks are losing their jobs. Therefore, to the extent that we can create employment in the financial services centre to enable the people concerned to find new work, it is good. On the specific point made, it is not something I know anything about.