Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I think it arose first on the corner of Hume Street and then in a case near Swords, but how did the State come to be on the hook when planning permission was refused? I think €1.9 million was paid in 1989 because planning permission had been refused. That meant the officials in the council had to undertake the rezoning which Mr. McDonald strongly and rightly criticised. I am trying to think of an analogy. If people apply to get into medical school but do not get in, they do not have a right to compensation from the dean of the medical school. How did this arise in the property market?

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