Dáil debates

Tuesday, 8 February 2005

4:00 pm

Photo of Billy TimminsBilly Timmins (Wicklow, Fine Gael)

After the previous contribution, I propose to be brief. Unsecured creditors of the IFI company, which went into liquidation two years ago, were told last week they would receive only 24% of the money due to them. The State held a 51% shareholding in the company. Will the Government pay the remainder of the money due? Will a Revised Estimate be necessary to pay the creditors in question, some of whom are small family businesses that have been left to hang out to dry by the Government for more than two years?

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