Shane Ross: ESB boss fails O'Leary test
Published 25/07/2010 | 05:00
TWO mighty Irish companies rose above the radar last week.
The cream of the private sector and the jewel in the semi-state crown were both hit by natural disasters in recent months. Ryanair responded to being smothered by an Icelandic volcano; the ESB, top of the privatisation hit list, was facing fierce flak for its handling of last year's floods in Cork.
On Tuesday while Ryanair was revealing how the volcano hit its profits, the ESB's reaction to the flooding catastrophe was being scrutinised by Deputy Sean Fleming's Oireachtas Committee on the Environment.