Written answers
Tuesday, 20 April 2010
Department of Enterprise, Trade and Innovation
Grant Payments
9:00 pm
Kathleen Lynch (Cork North Central, Labour)
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Question 175: To ask the Minister for Enterprise, Trade and Employment further to Parliamentary Question No 113 of 9 March 2010 the position regarding the repayment of a grant by a company (details supplied) which went into liquidation in December 2008; and if he will make a statement on the matter. [15213/10]
Batt O'Keeffe (Cork North West, Fianna Fail)
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Following receipt of a letter from the liquidators of the company in question, stating that no funds were available, Enterprise Ireland issued a claim to the guarantor of the grants and equity. The agency has continued to pursue the recovery of the funds due with the guarantor. Since no funds have been received so far, the agency has advised the guarantor that legal proceedings will commence to recover these funds.
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