Oireachtas Joint and Select Committees

Wednesday, 19 June 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform

5:35 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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If it was still a wholly State-owned company I would probably agree with the Deputy. However, I am afraid the small shareholding that we now have, which is not only a minority shareholding but a small enough minority shareholding, unfortunately is not strategic in the sense that it can no longer influence the policy of the company. That was a decision made by a previous Government.