Companies paid tens of millions of euro to accommodate refugees

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 98%

United States News News

United States United States Latest News,United States United States Headlines

Several companies were paid more than €10 million under State accommodation contracts, figures show

The Government has been under major pressure to accommodate more than 60,000 Ukrainian refugees who fled to the Republic since the Russian invasion of Ukraine last February, as well as 20,000 asylum seekers from other countries.

The second highest paid company, Tetrarch Capital, received at least €34 million to accommodate asylum seekers and Ukrainians, according to department figures. Several were also incorporated as company structures that do not require them to provide details of their internal finances and profits in filed annual financial accounts.

Each company was contacted by The Irish Times, but none responded to contest the calculated figures for the amounts received in payments.

 

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

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

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

Stripe investor Tiger Global looks to cash in part of $40bn portfolio of private companiesTechnology-focused hedge fund aims to return money to investors by tapping secondary market via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »