Oireachtas Joint and Select Committees

Thursday, 19 January 2023

Public Accounts Committee

Financial Statements 2020: Housing Agency
Financial Statements 2021: Approved Housing Bodies Regulatory Authority
Chapter 7: Housing Agency Revolving Acquisition Fund
Section 2 Report – Unauthorised Release of Funds from the Central Fund of the Exchequer

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

That is interesting. I deal with banks in a different capacity as a solicitor. In the last few months I have come across two properties that were in possession of banks, which have been vacant for more than ten years. Vulture funds have come along and bought from banks and I do not understand why the State could not have done the same in a far greater capacity. How many properties in total were repossessed by the banks in that five- to eight-year period?

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