Oireachtas Joint and Select Committees
Thursday, 10 October 2019
Public Accounts Committee
2018 Financial Statements of the National Transport Authority
9:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I see details of the NTA's lease commitment in respect of a premises at 35 Fitzwilliam Square, which it subleased it to the Commission for Taxi Regulation, CTR, and is losing money on it. I have not read through it fully, but when the NTA subleased it, it lost money to the tune of something like €80,000 per annum. It does not make much economic sense that the NTA has a premises that it is paying for up to 2024 and then it starts leasing it back to another semi-State body and ends up with a loss of €80,000 per year. Will the witnesses explain how that makes good economic or business sense?
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