Seanad debates
Monday, 22 December 2014
Water Services Bill 2014: Committee Stage (Resumed)
4:50 pm
Gerard Craughwell (Independent) | Oireachtas source
I am tiring of this farce that has now continued for 20 odd hours. No amendments have been accepted. I will speak to amendment No. 26 which simply calls for the Comptroller and Auditor General to undertake a full review of the company. I do not believe it will be in operation in 12 months time for such a review to be carried out, as it will be insolvent. Will the Minister of State tell me what will happen if the Comptroller and Auditor General gets to audit the accounts and finds that the company is insolvent? It already owes the Government €460 million and God only knows how much it will owe by the time it gets off the ground. Can we stop this farce? Will the Minister of State say he will not accept any amendment today?
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