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Dáil
‹ Ceisteanna—Questions. Oral Answers. - Bula Mines.

State guarantees for Bula loans

Summary

Mac Giolla asked whether the State had agreed to finance or guarantee loans of up to £10 million, and whether further support would be provided.

andProinsias De Rossa asked the Minister for Energy if there is any section in the State-Bula agreement under which the State agreed to finance or guarantee loans of up to £10 million for Bula mines; if he proposes to take responsibility for bank loans to Bula; and if it is intended to make further funds or guarantees available either directly or indirectly to the four directors of Bula who have already received £9.54 million, plus £665,257 in recent loans from the taxpayers.

7.

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