Oireachtas Joint and Select Committees

Thursday, 16 October 2014

Public Accounts Committee

Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres

11:20 am

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

With due respect, I cannot go down the route understood in the explanation of the 21-year delay. There is an inherent weakness in such a situation. I have never heard of a situation in which it took 21 years for a sale involving someone who is currently a tenant of the building in question, and who has not been charged rent in the intervening years, to proceed. Maybe there are such cases. One has to ask whether the IR£125,000 deposit is less than the amount that should have been paid in rent. If one were to divide the IR£125,000 deposit by 21, it equates to a rent payment of approximately IR£6,000 per annum. I will put it another way. How many years' arrears are involved in the IR£25,000 figure?

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