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

12:10 pm

Mr. John Crawley:

There are two different figures. Donatex was claiming €100 million. Separately, it was our understanding that we had provided guarantees of approximately €29 million to Becbay, the joint venture in which we owned a 26% shareholding. Annual interest was also accruing on these figures. In a theoretical situation, had the case been successful, one could add €100 million to the figures.

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