Taoiseach says billionaires in Ireland are all 'fur coat and no knickers'

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Taoiseach says billionaires in Ireland are all 'fur coat and no knickers'
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Taoiseach says it would be 'remiss' of him not to attend the World Economic Forum in Davos this week.

TAOISEACH LEO VARADKAR has said it would be “remiss” of him not to attend the World Economic Forum in Davos this week.

Varadkar is just one of nearly 400 government ministers and policymakers at the forum this year, with a further 600 CEOs also attending, along with some celebrities, including celebrity couple actor Idris Elba and Sabrina Dhowre Elba, who is a UN Goodwill Ambassador.People Before Profit Richard Boyd Barrett said during Leaders’ Questions that the forum raises questions between the relationship between politics and business.

Speaking during Leaders’ Questions, prior to flying to Davos today, Varadkar questioned the legitimacy of an Oxfam poverty report, saying that billionaires in Ireland are all “fur coat and no knickers”, with many not living in Ireland. On arrival, Varadkar will take part in an IDA event attended by senior representatives of more than 50 large employers, during which some informal bilaterals are likely to take place.

Varadkar said he knows there are some people that believe the Davos meet up is about world governments meeting with businesses where decisions are made on “behalf of the elites” who secretly run the world.While the Taoiseach will be paying attention to what is happening with jobs and industry and what it means for Ireland, Minister for Finance Michael McGrath will also attend the forum for two days this week.

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