Dáil Éireann - Volume 420 - 27 May, 1992

Written Answers. - Industrial Credit Corporation.

60. Mr. Howlin asked the Minister for Finance whether he has received the report from the consultants on the future of the Industrial Credit Corporation which was commissioned on 11 July 1990; and if he will make a statement on the matter.

Minister for Finance (Mr. B. Ahern): The report of the consultants referred to was received on 19 September 1990.

As indicated by my predecessor in reply to a PQ on 22 May 1991, the consultants were subsequently requested to consider the option of a sale of the State's shareholding in the ICC.

As I indicated to the House on 3 March last, no suitable proposal has emerged. I am keeping the matter under review.