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Dáil Éireann díospóireacht -
Thursday, 8 Nov 1979

Vol. 316 No. 8

Written Answers. - Companies' Investigation.

26.

asked the Minister for Industry, Commerce and Energy why he instituted an investigation into the affairs of Irish Board Mills Limited, Athy and Inishturk Limited which are now in receivership and if he will make a statement on the matter.

The appointment of inspectors to investigate and report on the affairs of the two companies was made under subsection (b) of section 166 of the Companies Act, 1963, which outlines certain circumstances under which I may order an investigation. Pending the outcome of that investigation it would clearly be inappropriate for me to make a statement in the matter.

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