Ireland should not be ‘bounced’ into asset sale

Ireland should not allow itself to be bounced into selling off State assets, the chief executive of Bord Gáis, John Mullins, said last night.

In his presidential address to the Cork Chamber annual dinner in Cork City Hall, Mr Mullins said there were mixed feelings and views about the advantages and disadvantages of the sale of commercial state assets, many of them strategic, particularly at this time.

“In the main, these assets have served the country well. It is regrettable that the country is being bounced into these decisions because of our economic travails.