Dissension exists over SWS future direction

GOOD results from national toll roads operator NTR Plc could justify the €130 million invested in the group by IAWS Co-op since early January.

That splurge left IAWS with a 26% equity stake in the toll roads to wind and waste management group.

IAWS boss Philip Lynch has not requested nor has he been offered a seat on the board of NTR, chief executive Jim Barry confirmed to the press on Monday when the group announced good results for last year.