Not a 'single hectare of Irish land' will be sold to UK investment fund
Agriculture Minister Charlie McConalogue said: 'Gresham House has absolutely nothing to do with the purchase or management of land.' Picture: Garret Chaney/Collins Photos
The UK-based investment fund at the heart of the Coillte forestation controversy will "not buy one single hectare of Irish land”, Agriculture Minister Charlie McConalogue has said.
The Government said that Coillte is using UK fund Gresham House to manage the development of forests as it is banned by EU laws from drawing down premium payments since 2003.
