Toll guarantees will cost taxpayer millions until 2041

The state is facing penalties of many millions of euro for a staggering 27 years over the M3 motorway and Limerick Tunnel projects.

The state has already paid out almost €29 million in compensation to the operators of the M3 and the Limerick Tunnel.

The state is facing penalties of many millions of Euro for a staggering 27 years over the M3 motorway and Limerick Tunnel projects. This is due to a secret deal which guaranteed increases in traffic every year.

The state has already paid out almost €29 million in compensation to the operators in the last four years because not enough motorists are using the roads.

But The Sunday Business Post can reveal for the ...