Under-fire G4S runs Irish criminal courts
SECURITY firm G4S, which has made a spectacular cock-up over supplying security personnel to the London Olympics, is tasked with operating the central criminal courts complex in Dublin.
G4S manages the court buildings under the terms of a €291m public private partnership (PPP) deal awarded to a Babcock & Brown-led consortium. Last week, it emerged that the Court Services had made a "unitary payment" of €19.5m under its PPP arrangements in 2011, with a fee of almost €21.3m a year earlier.
G4S has a number of other high-profile contracts here including ticketing and security at Thomond Park. The company employs 3,500 staff in Ireland as part of its 600,000 workforce across 110 countries.
G4S grew out of a series of mergers over the past three decades, primarily when Securicor merged with Danish group Group 4 Falck in 2004. Irish company Group 4 (Total Security) was a key part of the empire.
The €4.8bn valued London-listed company saw its share price crash in the wake of catastrophic mismanagement, which saw it fail to provide thousands of security guards for the London Olympics, which start on Friday.
Sunday Indo Business