Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Dr. Seán Brady:

As I said earlier, we met Allied Irish Banks on day nine when I was in the job. AIB told us that if we did not sell the site, then the bank would sell it. That informed the decision. The sale of Harold's Cross also formed part of the strategic plan for 2017. The sale of Harold's Cross and getting it ready for sale was absolutely fundamental to the future of the industry.

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