John Perry (Sligo-North Leitrim, Fine Gael) | Oireachtas source

They are paying interest-only and not repaying the principal.

There is a question over the zoning of the lands. They are quite valueless. Would due diligence not be done on the portfolio of lands owned by a local authority to select what would be suitable and to have a plan of action, not to categorise all the land as unsuitable? I would be amazed if the Department approved the acquisition of land if it was all unsuitable for development. I have no doubt that some of it must be suitable.