Oireachtas Joint and Select Committees
Thursday, 18 December 2014
Public Accounts Committee
National Asset Management Agency Financial Statements 2013
11:30 am
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
An eight acre site was sold for €688,000 in a particular location and the general comment locally is that people were not aware of the sale, that it was sold at a give away price, that there were others interested in it and that the sale of the land did not realise its true value. I raise this matter with Mr. McDonagh because if that was the case, the taxpayer would not have got value, or could have got better value, from the sale of that site. I am told that this is the case. A number of complaints have been made about that site. I am raising this issue because other issues have come up about this particular type of sale and I want to clarify with Mr. McDonagh that every effort is made to maximise the price. Is there a way of investigating that particular sale if it was brought to his attention?
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