Oireachtas Joint and Select Committees
Tuesday, 2 October 2012
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Discussion with Housing Finance Agency
3:15 pm
Kevin Humphreys (Dublin South East, Labour) | Oireachtas source
What Mr. O'Leary is saying is that that €155.43 million has been moved into annuity and it is on land that will not be developed. It is a fairly heavy liability on the local authorities that had that land because they are paying interest plus capital on it.
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