Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

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

I understand that. However, once a decision was made to proceed with selling Harold's Cross, the opportunity of getting a write-down essentially disappeared, which means that the bank no longer needs to consider that option which was under consideration, at least, in the past. The prospect of getting a write-down from the bank is now gone. I have made that point and Mr. Creed has responded.

Comments

No comments

Log in or join to post a public comment.