Oireachtas Joint and Select Committees
Thursday, 13 April 2017
Public Accounts Committee
Special Report No. 96 of the Comptroller and Auditor General: Child Abuse Inquiry and Redress
9:00 am
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
I want to make one final point. When I mentioned the offer of €225.6 million by the congregations, a statement was made by Mr. Ó Foghlú that this value might not be realised because the land valuations might be lower. If that is the case, we need to get the cash from the congregations to make up the value of the offer. We simply should not accept properties that are worth less than what was actually offered voluntarily and if the land is worth less, it should be supplemented by cash payments to make up the difference. Will Mr. Ó Foghlú come back to me about the Sisters of Mercy? A sum of €127.5 million was offered, of which €24.9 million was realised up to 2015. What is the current figure?
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