"Developers to face 'zero consequences' over fire safety and structural issues affecting 100,000 owners"
"A €2.5bn redress scheme for up to 100,000 owners of defective Celtic Tiger apartments will be brought to the Dáil in the coming months."
"The Government is planning to significantly strengthen an earlier version of the law, setting up the scheme ahead of a Dáil vote due to take place before the summer."
Developers face 'zero consequences' over fire safety and structural issues affecting about 100,000 owners. A €2.5bn redress scheme will be established to compensate up to 100,000 owners of defective Celtic Tiger apartments. The scheme will be brought to the Dáil in the coming months. The Government plans to significantly strengthen an earlier version of the law when establishing the scheme. The government intends to set up the scheme ahead of a Dáil vote scheduled before the summer. The redress fund aims to address defects arising from the Celtic Tiger construction period and provide financial remediation for owners.
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