Jeanie Johnston company welcomes spending review

THE troubled Jeanie Johnston company yesterday welcomed a full review ordered by Marine Minister Dermot Ahern into the spending of 10m euro of taxpayers' money on the 16m euro project.

Jeanie Johnston chairman Jim Finucane pledged full co-operation to Sean Cromien, former secretary general of the Department of Finance, who is to examine in detail public funding of the crisis-ridden project.

"I believe the review will clear the air and we will co-operate in every way. We are anxious to do everything possible to assist,'' Mr Finucane said.