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€14m Row Over 'Finders Fee' for New Jobs

It's been confirmed that a scheme to pay entrepreneurs who attract jobs to Ireland will close on Mon...
TodayFM
TodayFM

1:15 PM - 22 Mar 2017



€14m Row Over 'Finders Fee...

News

€14m Row Over 'Finders Fee' for New Jobs

TodayFM
TodayFM

1:15 PM - 22 Mar 2017



It's been confirmed that a scheme to pay entrepreneurs who attract jobs to Ireland will close on Monday - amid a dispute over how many jobs were created.

The 'Succeed in Ireland' scheme was intended to pay a 'finders fee' of €1,500 for every job attracted to Ireland.

But the IDA, which is ultimately footing the bill for the scheme, says the scheme only created barely a quarter of the number of jobs claimed by the scheme itself.

ConnectIreland, the syndicate responsible for running the scheme, says it created over 2,000 roles - and is now demanding the money back from the IDA.

However the IDA says that under its own analysis, the scheme only created 527 roles - and is refusing to pay out on the remainder.

The two sides are now in legal dispute about the bill - with the Social Democrats claiming the State could be on the hook for €14 million as a result.

Our political correspondent Gavan Reilly reports:



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