Oireachtas Joint and Select Committees

Thursday, 4 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015

9:00 am

Mr. Brendan Gleeson:

We had an objective person look at this situation and there is no ideology at play here. Nobody wants to dispose of assets if it is avoidable, but we asked for an independent company to take an objective look at the sector because we knew there were financial problems. They took a view and made a series of recommendations about improving the financial situation and governance and regulation, and that report was broadly accepted by Ministers at the time it was produced, in 2014.

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