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)
1:40 pm
Mr. Paul Maloney:
I thank the Comptroller and Auditor General.
On the figure of €35 million, we all agree now that it was a funding guarantee liability to do with recourse and interest. At the time of the shareholders' agreement, the €32 million for equity was also in that shareholders' agreement. The authority knew it had the €35 million liability plus the €32 million equity. Does the Comptroller and Auditor General accept that?
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