Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Mr. Michael Murnane:

There is a small parcel of land in Cork and when I was before the committee perviously I sad that there is a small issue with a compulsory purchase order that might make it even smaller. This matter is under consideration. There was another piece of property that was office space in Shelbourne Park. None of those assets on their own would have achieved anywhere near the value that would have impacted on the loan.

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