Wednesday 7 December 2016

Semi-states pay over €700,000 to Ibec in membership fees since 2010

Published 19/06/2011 | 05:00

STATE bodies paid Ibec more than €400,000 in membership subscriptions in 2010 and have paid the employers' organisation a further €300,000 so far this year.

  • Go To

The membership fees paid by the large semi-states and other state-sponsored organisations have always been a source of considerable speculation. Now we know the answer, with state bodies having paid Ibec just over €400,000 in 2010 and a further €300,000 so far this year.

These figures came in written replies to a series of parliamentary questions by Dominic Hannigan, Labour TD for Meath East.

By far the biggest state payer to Ibec in 2010 was forestry company Coillte, which handed over €95,900 last year and a similar amount this year. However, even this was a reduction on the €106,500 it paid in both 2008 and 2009.

Other big payers to Ibec included the Central Bank, which coughed up €23,600 in 2010 and has paid €39,900 so far this year, while bankrupt state-owned bank Anglo Irish handed over €42,200 in 2010 and €28,800 so far this year.

The Blood Transfusion Service and the VHI have also been very generous supporters of Ibec paying €59,500 and €30,700 respectively in 2010, and €35,500 and €30,600 so far this year.

State-training agency Fas was also a big supporter of Ibec, paying it €58,500 in fees in 2009. However, it has since cancelled its membership.

When contacted about the very high membership fees being paid by state companies, an Ibec spokesperson said that they had no comment to make on the fees paid by individual members.

Sunday Indo Business

Read More

Promoted articles

Editors Choice

Also in Business