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

12:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

There is a €35 million loss to the taxpayer associated with that building alone. In total, 11 rental units were occupied and 22 were vacant. Of the vaults, one was occupied and four were vacant. Therefore, the majority, or two thirds, of the units were unoccupied. Does the authority know what type of due diligence procedure applied when putting €35 million in taxpayers' money at risk? Has it had a chance to examine that?

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