Dáil debates

Wednesday, 18 April 2018

Ceisteanna - Questions - Priority Questions

Sale of State Assets

10:55 am

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

I want to revisit the sale of Ardmore Studios. I will be blunt in stating that the sale stinks to high heaven. How much did the State get for the sale of its one third share in the company? I have heard the sale price was €6 million and the sale involved the State writing off €7 million in debt owed to it by Ardmore Studios. This would mean we gave the company away and then gave the purchaser €1 million. I hope that is not true. The House, members of the public and people working in the film industry need to know what is going on here.

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