Oireachtas Joint and Select Committees
Wednesday, 6 November 2013
Select Committee on Jobs, Enterprise and Innovation
Companies Bill 2012: Committee Stage (Resumed)
10:55 am
Dara Calleary (Mayo, Fianna Fail)
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I support Deputy Wallace, as there is no doubt that large companies have the resources and capacity to hide much information, no matter how much is made available. The Deputy has cited cases in the construction sphere and I am not sure about the cost argument, given the capacity for electronic filing of information. Do we have figures on the actual cost or burden of work? There is a difficulty as large corporate entities have the capacity to hide information, no matter what is contained in this Bill. In fairness to the transparency aspect, this amendment seems to be practical.