Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. John Moran:

We sold the site. People often obsess about value. The truest value is what the market paid, freely and clearly, at the time. The market paid the price it thought the piece of property was worth, so that is its true value. Any values before that were merely opinions.

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