Oireachtas Joint and Select Committees

Thursday, 8 March 2018

Public Accounts Committee

Vote 34: Housing, Planning, Community and Local Government

9:00 am

Mr. John McCarthy:

Yes. That was the subject of a previous report by the Comptroller and Auditor General going back to 2014, I think, if my memory serves me right. It dated back, and I am speaking from memory now, to a land swap that was undertaken in the mid-2000s whereby a public site in Harcourt Terrace, rather than being sold and the money used to deliver affordable housing, was swapped for discounts on housing which made them affordable. There were problems, ultimately, with the vacation of the site. The counter party to the transaction took legal proceedings and there was a judgment against the State.

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