Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

This is a major asset but, as the Minister correctly said, it has not been properly developed by Coillte. We are not here to stand up for Coillte as it is currently constituted. The reason that Coillte has underdeveloped our forests is that it has been preparing them for privatisation since Ray Burke, Bertie Ahern, Frank Fahey and Ray MacSharry established it. That is why it has been clouded in mystery. One cannot get any information about it. It has sold 40,000 acres of forestry to the Irish Forest Unit Trust, which is made up of Bank of Ireland, Allied Irish Banks and Irish Life and Permanent.

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