Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

It is unlikely. In terms of natural fairness and justice, why should Bord na gCon get a write-down? Home owners throughout the country have been pinned to the wall for every ha'penny, and they have been pursued after the fact. Why should a special deal be done for Bord na gCon, a quasi arm of the State, which has received a premium on top of a premium for land? However, that is an aside.

I want to put on record my view of the valuation, which is €750,000 per acre on its current zoning and about €1.5 million per acre if it gets zoned for institutional use. I wish Bord na gCon luck in that regard in terms of Dublin City Council, which as I said last time defeated the proposals 33-2.

Bord na gCon has a call centre in Thurles. What does that do?

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