Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

There is an issue I want to put to bed. We had a presentation in the AV room and the former chairman said if he was in charge the IGB would work its way out of this thing rather than selling off Harold's Cross. The debt is €22 million. There are a lot of people employed and a lot of property there so if there was no danger of the bank foreclosing, the IGB could work its way out of it if they had the gumption or willpower to do it instead of taking the soft option of selling Harold's Cross. Will the witnesses comment on that-----

Comments

No comments

Log in or join to post a public comment.