David Cullinane (Waterford, Sinn Fein) | Oireachtas source

The witness was asked what the rationale was for UCC buying the property. The witness said that the IMI had to discharge liabilities. One way of discharging its liabilities was to sell the asset. UCC then helped the organisation discharge its liability by purchasing the site, which was what the witness was asked when he was last before the committee. I asked him again today. He said that no money from UCC was spent to discharge liabilities. To me, that does not chime with what he has just said.