Michael McNicholas, CEO of Irish Water’s parent company Ervia at a meeting of the Joint Committee on the Future Funding of Domestic Water Services
Right now.
The Joint Committee on the Future Funding of Domestic Water Services is under way with representatives of the Department of Housing, Planning, Community and Local Government, Irish Water, and the Commission for Energy Regulation in attendance.
The chief executive of Irish Water’s parent company Ervia, Michael McNicholas just gave his opening statement.
Readers may recall how the Irish Mail on Sunday, on November 23, 2104, reported that Mr McNicholas, the former CEO of NTR, had shares worth €1million in NTR, which made €2million a year from Irish Water contracts.
It also reported that NTR owned 50% of Celtic Anglian Water Ltd (CAW) which had contracts with Irish Water for meter installation and waste water worth €4million a year.
Good times.
Watch live here.
Earlier: Stop That
Previously: Murky, Murky, Murky
mmmmm gravy..
lovely, lovely gravy :)
Immoral.
Mmm, and a nice top up for the Ervia Pension fund, which was in a bit of trouble – until the launch of IW.
Paper from the future if I was to be anal.
This is ridiculous, how is this allowed?
Is there anything of note that they are actually talking about yet?
no, I didn’t see the words ‘conflict of interests’ yet
+ 1
Fupp you government, water charges are fundamentally a good idea (people need to realise it costs money to supply water and charges encourage conservation, appropriate allowances are required) but you have fupped up the implementation so much with wasted money and not just that but also willies lining their own pockets that no one will be willing to accept water charges.