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Ferris: leaked report confirms fears over Coillte

21 March, 2011 - by Martin Ferris TD


The Sinn Féin Spokesperson on natural resources Martin Ferris TD, has said that a media report based on a leak from the McCarthy Group on State Assets confirms fears over the future of Coillte and Bord na Mona. According to a piece by Brendan Keenan in today’s Irish Independent the report will recommend a sale of forestry and peat and the establishment of a new company to ‘manage’ the land after the peat and timber are sold off. The Programme for Government is committed to merging the two companies as a new bio energy entity.

Deputy Ferris said:

“I will be raising this on the Order of Business tomorrow afternoon and I also expect to receive replies to several questions I have tabled on the possible sale of Coillte and Bord na Mona and on the contents of the McCarthy report.

“The new Government has said that it will be guided on its sale of €2 billion of state assets by the report. I am calling on them to honour their explicit promises during the election that Coillte would not be sold off.” ENDS

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