Oireachtas Joint and Select Committees
Thursday, 9 October 2014
Public Accounts Committee
2013 Annual Accounts of Shannon Free Airport Development Company
12:35 pm
Mr. Neil Pakey:
To elaborate, the due diligence process, including all property, was an evaluation of the whole company. It started at the beginning of September. There is a business case by business case approach to the opportunities available. When there are over 400 properties and someone comes in with what seems to be the right price for a commercial property company, we have to look at it and make our valuations and then have the process in place to back it up with board and property sub-committees.
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