Oireachtas Joint and Select Committees

Thursday, 19 September 2013

Public Accounts Committee

Annual Report and Accounts 2012: Discussion with IDA Ireland

10:50 am

Photo of Shane RossShane Ross (Dublin South, Independent) | Oireachtas source

No. I believe it helps it that there are all of these dodges here. It is actually an asset - they see it as a conduit. I am concerned about whether we get enough out of it - whether we condone it without actually getting anything out of it.

The property values have been marked down by €191 million. How does IDA Ireland work that out? What formula is it using for the reduction in property values?

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