Seanad debates
Wednesday, 14 July 2004
State Airports Bill 2004: Committee Stage.
12:00 pm
Séamus Brennan (Dublin South, Fianna Fail)
There is no risk of any sort to the taxpayer. The Aer Rianta organisation is solvent. It has enormous assets which cover its loans many times over. It is probably one of the most secure companies here to which a creditor could lend money. I do not know of any bank which would not queue up to lend funds to a State company of this sort. The taxpayer has no concerns about this matter.
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