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

11:30 am

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

Given that it was always the case, and had been the stated position of the authority over the years, that pension obligations would be met from accumulated reserves from its development work, it is clear that was not possible given the economic tsunami that hit the organisation, a phrase Mr. Crawley used, although probably in a different context. Obviously, discussions opened with the Department of Public Expenditure and Reform in terms of who would pick up the tab for the €8.4 million. Is it not the case now that the taxpayer will have to pick up the tab? Were any discussions opened with Dublin City Council, for example, given that Dublin City Council would be the successor authority to take over the responsibilities of the organisation? Would it not have been more appropriate if Dublin City Council had taken on that liability as opposed to the Department of Public Expenditure and Reform? Does Mr. Crawley have a view on that?

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