Brussels subsidy plans not good for Goodman

A COMPANY belonging to the beef baron Larry Goodman stands to lose about €200,000 a year in farm subsidies under plans being drawn up in Brussels.

Figures released under the Freedom of Information Act last August showed that Mr Goodman’s company, Irish Agricultural Development, would get a total of €508,390, around €10,000 a week — in Common Agricultural Policy payments.

Mr Goodman, who is Europe’s largest beef producer, is placed 24th in the Sunday Times rich list for Ireland, with a reputed personal wealth of some €379 million.