Oireachtas Joint and Select Committees

Wednesday, 26 June 2013

Public Accounts Committee

Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed)

5:00 pm

Mr. Lar Bradshaw:

What matters here and what the Deputy should be holding me to account for are the decisions of the authority. I am saying that at the moment when the authority made a decision, as a joint venture partner, to agree to a bid, albeit we are limited at 375 million, but €412 million, on the exact opposite side of that transaction, it is precisely because we were paying so much that the State made so much. I can get into the mathematics of this with anybody who wants it.