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Dáil Éireann díospóireacht -
Thursday, 3 Dec 1998

Vol. 497 No. 7

Written Answers - Export Credit Insurance.

Pat Rabbitte

Ceist:

20 Mr. Rabbitte asked the Tánaiste and Minister for Enterprise, Trade and Employment the position regarding the claim against the State by Anglo Irish Beef Processors arising from a decision to cancel certain export credit insurance; if her attention has been drawn to reports that Iraq is to repay all debts to this company; the information she has on this report; and if she will make a statement on the matter. [25991/98]

Proceedings against the State were initiated by Anglo-Irish Beef Processors International Limited in 1989 in response to a decision by the Minister to void certain export credit cover. An amended statement of claim was lodged by the plaintiffs in 1995. Pleadings in the case have not yet been finalised.

I am aware of recent media reports to the effect that the Iraqi Government has given a commitment to pay the moneys owed to the Goodman group of companies. However, I have no information on the matter from any other source and am not aware of any substance to the reports.

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