Seanad debates
Tuesday, 17 December 2013
Water Services (No. 2) Bill 2013: Report Stage
1:25 pm
David Cullinane (Sinn Fein) | Oireachtas source
I will finish on this point because I would like the Minister of State to respond to it. There is a very real concern that these assets and properties are being transferred over to Irish Water simply to fatten it up as a company that can be eventually sold off and that by just transferring the assets and not the liabilities, it will better position Irish Water to be able to borrow money. I believe this is one of the reasons that the assets are being transferred.
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