Oireachtas Joint and Select Committees

Thursday, 13 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

9:00 am

Mr. Brian Rowntree:

We do not have the financial equations to underpin the answer the Deputy needs. Any investment in a social dividend comes at a cost to the State and to those who are investing because one is dealing with those who are most vulnerable; therefore, the reward that emerges from these groupings is far less. Taking a mixed economy approach might have been in everyone's interest. I go to back to my earlier remarks. It may have been worth the consideration of a clause within the sale process to have some social dividend.

Comments

No comments

Log in or join to post a public comment.