Government Trying To Hold Companies Account For Mica Blocks

  • 📰 TodayFM
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Minister for Housing Darragh O'Brien has said that the government uses every legal avenue to hold companies that produce defective building blocks accountable

Minister for Housing Darragh O'Brien has said that the government uses every legal avenue to hold companies that produce defective building blocks accountable.

The levy is expected to raise €80 million per year and will be applied at a rate of 10% from April 2023.The Tánaiste Leo Varadkar earlier this week said he's frustrated there have been no prosecutions of people responsible for the scandal."We're looking at using any legal avenue available to us to go after those very people that the Tánaiste mentioned who have been operating for the last ten or twelve years.

The Tánaiste said that the levy is the “least worst way” of beginning to raise funds for the redress schemes.Around 5,000 homes in Donegal are impacted by the mica crisis with thousands more constructed with faulty blocks in Mayo, Sligo, Clare and Limerick.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dunnes Stores’ Northern Ireland business returns to profitDunnes Stores’ Northern Ireland business returns to profit via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »