Oireachtas Joint and Select Committees

Thursday, 6 February 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority
Annual Report and Financial Statements 2012

11:00 am

Mr. John Crawley:

There is that argument and we have looked at that. The direction the board has given us is to dispose of the assets and pay down the liabilities, against the background that we are getting reasonably good value on the properties we are selling at the moment. It is difficult to predict what way the market will go, but at this point in time we believe we can get fair values that will allow us to dispose of the liabilities we have.

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