Oireachtas Joint and Select Committees

Thursday, 17 October 2013

Public Accounts Committee

Forfás Annual Accounts 2012

10:45 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

May we also have that detail? It would be interesting were the witnesses to provide the committee with a history of the building in respect of landlords, tenants, rents, losses for each year and so on as that would be important. When the building was offered for sale, is it the case the State took no interest in it? It sold in 2012 for €16 million. The witnesses have stated it might not be attractive for people to rent that building because of the single tenant therein or some other circumstances concerning the building itself. However, it was attractive to an investor of some kind because the building was sold for €16 million. Deputy Dowds made the point that had the State bought the building for that amount, it would have saved itself some money. Is this not the case or what happened at that point of sale?

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