Oireachtas Joint and Select Committees

Wednesday, 26 June 2013

Public Accounts Committee

Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed)

5:00 pm

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

If I may follow on from Deputy Paschal Donohoe's reference to Mr. Bradshaw's opening statement and the claim in relation to taxpayer's money. In terms of the Authority's decision to acquire the Glass Bottle site he makes a comparison between that decision and the factors that informed that decision and then the factors that informed the purchase of the BGE site in 1998.

Will Mr. Bradshaw accept that there is a fundamental difference between the two sites, in particular between the position of the property market in 1998 and the time when the authority decided to enter the joint venture in the mid-2000s? We have had references in board minutes and the report of the Comptroller and Auditor General to the overheated property market. In the light of these references, does Mr. Bradshaw still claim that it was easy to draw a comparison between the BGE site, a successful development, and the Glass Bottle site?

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