Tony Mulcahy (Fine Gael) | Oireachtas source

I support the Minister and I will not listen to lectures from Senator Ó Clochartaigh in respect of the sale of companies in the private sector. Unprofitable companies are generally sold for 10% or 20% of what they are worth and then asset-stripped. Ultimately, those involved probably make some sort of profit. The idea here is to make a profit from the sale of a profitable company. We will then have money to invest in job creation and pay down some of our debt. That is what we are seeking to do.