Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Mr. Mulryan, I'd like to explore with you, under one of the one of the terms of reference of the banking inquiry, 3(b)(ii), "relationships between State authorities, political parties, elected representatives, supervisory authorities, banking institutions and the property sector". Now, in your introduction, Mr. Mulryan, you say the land bank is the key to future business planning. And you say you have to have land in the pipeline and then you say, "this land must be developed in stages from completing the site assembly required, securing a feasible planning permission through to the marketing and eventual sales of homes". And, in relation to that, I wonder if you could give us a picture of how that's achieved and, perhaps, particularly in relation to ... in the 1990s you began to assemble what were known as the Charleslands near Greystones in County Wicklow. So was it a land bank of about 200 acres?