Oireachtas Joint and Select Committees

Thursday, 30 January 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Land Swap Arrangement in the Provision of Affordable Houses
Vote 13 - Office of Public Works

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10:40 am

Ms Geraldine Tallon:

The developer sold houses that had a market value of over €77 million effectively for a discount; they were sold for approximately €45 million. The pay-off, to use that term, was that the developer could acquire the site at Harcourt Terrace.

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