Economic Policy
Dail Éireann — 2021-12-14
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Paul Murphy (PBP), Dublin South-West

Recommendation 3.4 of the report is:
To increase certainty for individuals and businesses, publish a timetable that shows how the national broadband plan roll-out is being brought back on track
This was clearly conceived before the latest and emerging very significant scandal relating to National Broadband Ireland. I found the Taoiseach's answers earlier wanting in him seeking to kick the matter to the Minister's regular questions later today. To be blunt, we know from very good work of The Currency , in summary form, about what looks like a massive swindle perpetuated on the public, facilitated by a lack of transparency from the Government and all to the benefit of a shadowy hedge fund. In essence, the requirements for providing equity have apparently been satisfied not by providing equity but instead by providing loans at extortionately high rates. All this is done while very substantial fees are collected, paid for by the public.
There is a list of 14 very appropriate questions on thecurrency.news but I will not get a chance to ask all of them. I will ask some and encourage the Taoiseach to look at them and provide answers. Why has the contract not been published in full as promised to the Oireachtas by the then Minister, Deputy Bruton? Why are the sections of the published contract governing how investors contribute capital to National Broadband Ireland redacted? Why was this deemed commercially sensitive after the contract was signed and the parties were no longer exposed to competition? There is a series of other relevant questions.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2021-12-14/debate/main
Retrieved: 2026-08-14T04:49:58+00:00
Sitting date: 2021-12-14