Oireachtas Joint and Select Committees

Thursday, 4 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015

9:00 am

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

Obviously, we will not agree on the commercial viability of both Shelbourne and Harold's Cross. I am only putting on the record the figures for both and the profit that both made, and then people can make up their own minds.

What I am interested in then is the decision by the Department of Education and Skills to buy the property in the first place, and also that Dr. Brady, when asked earlier how much the organisation will get, was not in a position to give us the information, and I fear the dreaded words "commercial sensitivity" coming as well. How many purchasers are there in the game here? How many people are involved? Is there more than one bidder here or is it already a done deal between the organisation and the Department of Education and Skills?

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