NBI responded to the questions raised by The Currency in this article in February 2022. Click here to read updated information. The private US investors contracted to deliver the €3 billion taxpayer-subsidised National Broadband Plan (NDP) two years ago had provided just €100 million in funding at the end of 2020, nearly all in the form of short-term debt. High fees and interest on this debt have allowed them to charge half of this amount back to their own companies, an investigation by The Currency can reveal. Financial data for 2020 across 13 entities in the byzantine holding structure of…
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