Oireachtas Joint and Select Committees

Thursday, 9 October 2014

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
2013 Annual Accounts of Údarás na Gaeltachta

11:15 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Údarás na Gaeltachta has a list of other assets it sold. It is only fair that we know what it sold the assets for. There is a list of assets, so many of them were disposed and this is how much was received for each. It is reasonable that we request that. It is transparency in respect of the taxpayer having some comfort that the deal was done with a transparent process involving consultants, what was received for the company and how the Department was paid. Mr. Mac Eochaidh is telling me that, because of the confidentiality clause, a lump cash sum was received in one payment and it is in the bank.

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