Oireachtas Joint and Select Committees
Thursday, 2 April 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. John Moran:
It was good investment deal. It touches perhaps on the issue of capital allowances, that it was a tax-led deal - there were significant capital allowances available to any of the investors in that transaction. That is what made it attractive rather than its longer term property fundamentals.
No comments