Oireachtas Joint and Select Committees

Thursday, 9 October 2014

Public Accounts Committee

2013 Annual Accounts of Shannon Free Airport Development Company

1:05 pm

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

Let us put a timeframe on this. We have been examining this matter and receiving correspondence in respect of it for a long period. The Department confirmed earlier that it has also received correspondence. In order to satisfy members, I am of the view that a comprehensive response is required in respect of the timeline involved, the date on which the property was sold, to whom it was sold, whether the condition to which reference has been made was attached to the sale to the first purchaser and whether the latter has breached that particular condition by selling on to Mr. Ryan, if, in fact, he exists. In addition, Shannon Development must outline the action it is going to take if the condition in question has been breached. If the property was bought by Munster Packaging Limited for its own use - as seems to be the suggestion because the company entertained the inclusion of the condition to the effect that it be used for its business and not for speculative purposes - what did our guests expect HL Commodity Foods Limited to do? I would appreciate it if they would return to the committee with a comprehensive response to the questions we have posed in the shortest time possible. We will, of course, give them sufficient time to gather the necessary information with the assistance, I am sure, of the Department. The officials from the Department have indicated that they were satisfied in respect of the sale. I would like to know how satisfied were all of our guests were and the inquiries that were made in respect of it. Perhaps the officials from the Department and those from Shannon Development can provide the committee with the comprehensive response required in order that it might deal with this issue.

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