Oireachtas Joint and Select Committees

Thursday, 12 December 2013

Public Accounts Committee

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

11:40 am

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

We touched on the valuations. I refer to the board minutes of 20 October. A paper from that meeting entitled, The Site at Poolbeg: Proposal for Acquisition, was adopted by Mr. Mulcahy on 19 October for that board meeting. The paper mentions two valuations. One was €240 million based on the work done by the CBRE in 2005 and the other was €268 million, a recent internal valuation. From where had the internal valuation come?

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