Irish Water announced today that it has collected just 46% of the money due to it from water customers. Not an extra cent is being spent on water infrastructure above the €550m per annum Fianna Fáil spent in Government and it looks like less will now be available for investment in water infrastructure due to the costs of setting it up and poor collection rates.

Surely its time to wind-up the new quango before it loses even more money for the hard pressed Irish Tax-Payer.

See link to press release by Barry Cowan TD, Fianna Fáil Spokes Person on the Environment