Oireachtas Joint and Select Committees
Thursday, 9 October 2014
Public Accounts Committee
2013 Annual Accounts of Shannon Free Airport Development Company
1:05 pm
Joe Costello (Dublin Central, Labour) | Oireachtas source
I am also seeking to establish the circumstances relating to the sale and whether it was advertised publicly. It was stated earlier that two of the 11 were publicly advertised for sale. How could the terms of the sale, namely, that the property would be used solely for the purposes of the purchaser's business activities, when the purchaser has now offered the existing tenant a 13-year lease? This seems to be a clear breach of the terms under which the sale took place. I am seeking, therefore, to establish the manner in which the sale occurred, how it was advertised, how the best value for money was obtained and what has happened in the interim.
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