asked the Minister for Industry and Commerce if a receiver has been appointed for Montana Steel Limited; what State grant has been paid; what State grant was approved and if he will make a statement on the matter.
Ceisteanna—Questions. Oral Answers. - Montana Steel Limited.
25.
Published reports of An Foras Tionscal show that the amount of industrial grant paid to the company was £113,000 and that the amount of grant approved was £131,000.
Since the company is in the hands of a Receiver I do not think it desirable to make a statement in the matter.
Is the Minister in a position to forecast whether it is likely that the Receiver's proceedings will result in recoupment of any substantial part of the grant?
I am not in a position at present to comment on that.