Joan Burton (Dublin West, Labour) | Oireachtas source

Last year, we had the notorious case of Clerys in Dublin, whereby a property was flipped rapidly from the then owners, at significant profit, to the new owners.

There were strong suggestions some of these mechanisms might have been used and various State organisations have been looking at the matter. Did the Revenue Commissioners look at it? It was a very valuable property. It was not valued in the billions, but it had a value at the time of about €30 million. I am interested because to some extent some of these mechanisms appeared to have been used, even though the values were relatively low compared to some of the funds about which the Minister of State is talking.