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.
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