Shane Ross (Dublin South, Independent)

There are two interpretations and the Minister is taking the benign one, while I am taking the more critical one. There is a case for saying Enterprise Ireland is covering up its mistakes with the new money it has received in the rescue fund. It is difficult to find out what companies are involved. Enterprise Ireland costs about €94 million a year, about €2 million per week, including €4.5 million in travelling expenses. Does the Minister not view with concern that more than one third of its budget is used for administration purposes rather than for grants to SMEs?

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