The operator of the direct provision centre in Lisdoonvarna received €2.35 million in fees from the State in 2020.
The payout to James White & Co Ltd represents a 50 percent increase on the fees paid out to the company by the State the previous year.
The White firm operates the King Thomond Hotel in Lisdoonvarna and the payment brings to €6.15m the company has received since the centre was opened in 2018 to accommodate asylum seekers.
The company was paid €1.244m for the period between March and December 2018.
The most recent accounts for James White & Co Ltd show the operation of the direct provision centre is producing strong profits for the company.
The accounts show that the company’s post tax profits for 2020 were a four fold increase on the post tax profits recorded for 2019.
During the period under review, the firm’s cash funds more than doubled from over €361,000 to €863,381.
The directors are listed as Megan White and Anne Barrett along with Gert Eksteen who joined the board in September 2021.
Directors’ pay for 2020 increased almost four fold from €50,000 in 2019 to €195,091 made up of remuneration of €94,691 and pension payments of €100,000.
