Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority: Annual Report and Financial Statements

10:00 am

Mr. John Crawley:

It took us some time to formalise the sale and to execute the transfer of the property to the buyer. To repeat myself, we had competing priorities at the time. We did not complete all the paperwork immediately and it took us some time, given that we had agreed an open market price with the buyers, to ensure all the other issues were dealt with. We wanted to have it all wrapped up together, which we did successfully, and we are comfortable that all those issues have been dealt with. I am aware of the issue the Deputy is raising. There was some communication possibly towards the back end of last year. In the round, we considered all those issues and we still looked into our hearts and were comfortable that the right decision had been made, the right process had been followed, appropriate due diligence had been done, the right sales price had been achieved and any potential outstanding liabilities or other commitments in relation to that whole transaction had now all been dealt with.

Comments

No comments

Log in or join to post a public comment.