On the principle of recoverability of whatever fines may be involved, it is my policy, and the Government's view, that those responsible for any general disallowance should be held culpable and that the issues of recoverability and culpability should be integrated. Once we have negotiated and made representations to secure the lowest possible fine, I envisage that the group which has been established to work on this matter will be focused in that direction.
I have also taken steps to ensure that FEOGA grant-aid to companies which may have contributed to the fines will be suspended pending the outcome of this process. Both matters show my clear determination to ensure that the taxpayer will not be held responsible. It would be premature to say what point those issues have reached, in terms of recoverability, other than to indicate my determination to pursue them.
In relation to the formation of Irish Food Processors, the situation is very simple. I am not involved in the business of personalities. If six new investors invest in the largest beef processing capacity in the country and remove the uncertainty which exists for farmers, customers and everyone else connected with the beef industry, not to speak of jobs, this is something I have to welcome. I was very surprised at the coverage it received in so far as that the real story is that the previous main incumbent has been spancilled and is very much a minority shareholder. There will be no favouritism or special relationship while I am Minister. If there was major investment from an outside source in the beef processing industry, which is worth billions of pounds to this country, I should be seen to act fairly and properly and in a developmental way.