Seanad debates
Wednesday, 28 November 2012
Transport (Córas Iompair Éireann and Subsidiary Companies Borrowings) Bill 2012: Committee and Remaining Stages
12:05 pm
Pat O'Neill (Fine Gael) | Oireachtas source
On the amendments, I understand Senator Barrett's concerns. However, we must oppose the amendments. CIE is really three companies - Bus Éireann, Dublin Bus and Iarnród Éireann. The Minister cannot micromanage these companies. We must have confidence in the board that is appointed. If it believes it must lend money to any of the CIE subsidiaries, we must accept its judgment in the matter. We cannot have the Minister or the Minister of State micromanaging these companies.
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