Written answers

Tuesday, 5 July 2022

Department of Finance

Strategic Infrastructure

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent)
Link to this: Individually | In context | Oireachtas source

162. To ask the Minister for Finance the measures put in place by his Department to guarantee that the monies lent by the Irish Strategic Investment Fund will be used only for aviation development within the State; and if he will make a statement on the matter. [36184/22]

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent)
Link to this: Individually | In context | Oireachtas source

163. To ask the Minister for Finance the details of the measures in place to monitor the way in which, and the location, of the moneys lent by the Ireland Strategic Investment Fund are spent; and if he will make a statement on the matter. [36185/22]

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent)
Link to this: Individually | In context | Oireachtas source

164. To ask the Minister for Finance if the directors of an airline (details supplied) have given his Department an undertaking to use Ireland Strategic Investment Fund moneys only in the development of routes within and from the State; and if he will make a statement on the matter. [36186/22]

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent)
Link to this: Individually | In context | Oireachtas source

165. To ask the Minister for Finance if the loan given to an airline (details supplied) from the Ireland Strategic Investment Fund is to be rescinded if the airline fails on commitments made when receiving the loan; and if he will make a statement on the matter. [36188/22]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I propose to take Questions Nos. 162 to 165, inclusive, together.

The Ireland Strategic Investment Funds mandate is to invest on a commercial basis in a manner designed to support economic activity and employment in Ireland. As the Minister for Finance, I have no role in individual ISIF transactions or ISIF’s commercial decision making, more generally. Therefore, it is not possible for me to comment on the specific issue raised by the Deputy.

Comments

No comments

Log in or join to post a public comment.