Speed camera firm records profits of over €17m

A Listowel-based company that operates speed camera vans for the Gardaí received over €17 million in payments last year. Go Safe, which is owned by a Kerry consortium, registered as an unlimited company after 2012. which means it’s no longer required to file annual accounts, the Irish Independent reports. Speed Camera SignageThe most recent audit report confirmed only that it recorded profits in the 12 months to the end of March 2015. In 2009 the firm secured the €80m contract to operate the speed camera network but that contract expires in November. The speed cameras are supposed to operate on roads where there is a history of road accidents. However, their operation has come under the scrutiny of Irish district courts, which have questioned the company’s authority to help prosecute speeding cases.