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Dick Sping and FEXCO

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  • 14-05-2004 12:00am
    #1
    sci0x
    Closed Accounts Posts: 2,319 ✭✭✭


    I am wondering what exactly Dick Spring is doing in FEXCO? He is now executive vice chairman of the company which means he's active day to day in this business. Id love to question him about life in business after politics.


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    #2
    Cork
    Registered Users Posts: 3,924 ✭✭✭Cork


    I think Dick Spring was involved with this company prior to leaving politics.


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    #3
    daveirl
    Closed Accounts Posts: 14,483 ✭✭✭✭daveirl


    This post has been deleted.


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    #4
    sci0x
    Closed Accounts Posts: 2,319 ✭✭✭sci0x


    No you've picked me up wrong. I dont see anything wrong with it. Im genuinly interested in what he does with the company on a day to day basis.


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    #5
    Tommy Vercetti
    Closed Accounts Posts: 1,105 ✭✭✭Tommy Vercetti


    Originally posted by sci0x
    No you've picked me up wrong. I dont see anything wrong with it. Im genuinly interested in what he does with the company on a day to day basis.

    I guess he takes the credit when things are good, shifts the blame when things are bad, and picks up a healthy salary regardless, same as any other executive whatever.


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    #6
    Cork
    Registered Users Posts: 3,924 ✭✭✭Cork


    The Minister for Tourism, Jim McDaid, on taking office, ordered an examination into Bord Failte's sale to Fexco of its 74 per cent stake in Gulliver, the computerised tourist information and reservation system that had been jointly developed by Bord Failte and the Northern Ireland Tourist Board. The sale had been approved in April 1997 by the then Rainbow government on the basis of recommendations from Bord Failte.

    Tour Contractors (Ireland) mounted a legal challenge to Bord Failte's contracts with Fexco. The matter was also investigated by the Dail's Public Accounts Committee, which found the sale had been conducted in accordance with proper procedures.

    The Public Accounts committee found that proper procedures were followed by the then FG and Labour coalition.

    <edited by bonkey to fix quote tags>


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