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Conflicts of Interest

Dáil Éireann Debate, Tuesday - 30 November 2010

Tuesday, 30 November 2010

Ceisteanna (104)

Brian Hayes

Ceist:

108 Deputy Brian Hayes asked the Minister for Finance if he will confirm that there is no conflict of interest in the chairman of the review group on State assets, whose remit it is to consider the potential for asset disposal in the public sector and to review the investment and financing plans, commercial practices and regulatory requirements of Horse Racing Ireland and the National Stud Company, simultaneously undertaking economic advisory work for Coolmore Stud, a beneficiary of Horse Racing Ireland and a direct competitor of the National Stud Company; if the chairman of the review group on State assets brought this matter to his attention at the time he was selected to carry out this work for the Government; if he believes that a conflict of interest arises in this case; and if he will make a statement on the matter. [44737/10]

Amharc ar fhreagra

Freagraí scríofa

The Chairman of the Review Group on State Assets and Liabilities made my Department aware of the position in July 2010 before the work of the Group commenced. The Deputy can be assured that internal arrangements will be made by the group to obviate any potential conflict of interest.

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