State papers 1987: Larry Goodman sought bigger state grants for private company

The multi-millionaire businessman, Larry Goodman, attempted to squeeze further concessions out of the Charles Haughey-led government in 1987, despite having already secured one of the largest ever state grants for a private company.

Confidential cabinet papers released under the 30-year rule reveal the Fianna Fáil administration sought to alter legislation with amendments specifically designed to benefit the Goodman International group.

Records show the Government voted to change the Finance Act 1986 to exclude the food processing industry from having to pay tax on grants.