Article: Roches paid almost [euro]30m in dividends

NTR CHAIRMAN Thomas Roche and his family received just under [euro]30 million in dividend payments in 2008 from two private companies associated with their 39.61 per cent shareholding in the waste-to-energy group.

This windfall, revealed in documents just filed with the companies office here, relates to capital returned by NTR to its shareholders following the sale of its wind energy associate Airtricity and the proceeds of its deal with the State to relinquish a lucrative tolling contract for the West Link bridge on the M50 motorway in Dublin.

Accounts lodged recently by Dreamport Ltd, Conor Holdings Ltd and Woodford Capital Ltd, all entities controlled by Mr Roche and his family, give ...

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