Seán Kyne (Galway West, Fine Gael) | Oireachtas source

I am sure the company, everyone associated with Údarás na Gaeltachta and everyone else wanted that company to continue in operation. That is the reason the investment was made. The board decided in good faith to invest in this company on the basis of the documentation that was provided, but things did not work out, unfortunately. The jobs were lost and the number of employees was gradually reduced to zero before February 2016. Údarás na Gaeltachta is committed to recovering all State investment made in this company and to investing in the restoration of this facility so that other companies can come in and create jobs in the local area. I am sure that is what Deputy Byrne would like to see. It is what I would like to see. I will continue to liaise with Údarás na Gaeltachta in this regard. It will get back this money, invest in the buildings and encourage and liaise with other companies to create jobs in this area.

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