Oireachtas Joint and Select Committees
Thursday, 18 May 2017
Public Accounts Committee
Bord na gCon: Financial Statements 2015 (Resumed)
9:00 am
Bobby 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-----
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