CASH FOR JOBS: €100m paid by IDA to tech giants, banks and big pharma

● US firm Abbott Labs received payments totalling €14 million ● Figures revealed for first time as EU disclosure law kicks in

19th August, 2018

US technology giants, global banks, drug companies, a holiday park and an online retailer shared in more than €100 million of taxpayers’ cash, The Sunday Business Post can reveal.

More than three dozen grants of millions of euro were made by the IDA to companies in return for jobs with the figures being made public for the first time following the introduction of EU rules which require all taxpayer subsidies of more than €500,000...

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