Oireachtas Joint and Select Committees

Thursday, 26 January 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 35 – Army Pensions
Vote 36 - Department of Defence
Chapter 8 – Disposal of the Government Jet

9:00 am

Mr. Maurice Quinn:

There are three figures to consider. These are €1.4 million, €400,000 and the €53,000 that was realised. The €1.4 million was the original cost and that is how they were held on inventory. The €400,000 was an Air Corps estimate of putting those parts into use on the aircraft, so there was an assumption of the aircraft flying at that stage. The third figure is what was realised on the sale. None of these is necessarily a valuation of the parts.

Comments

No comments

Log in or join to post a public comment.