Oireachtas Joint and Select Committees

Thursday, 17 October 2013

Public Accounts Committee

Forfás Annual Accounts 2012

10:45 am

Mr. Declan Hughes:

As Mr. Shanahan mentioned, we have been in ongoing contact with the Office of Public Works. We have written to it on various occasions and brought to the OPW's attention that this is available. At the time of the sale, we had put our own interest on the market previously and had made that known to various estate agents. When it came to the actual sale, we again made it known to the market that we were interested in disposing of our own interest in the building. We have been advised throughout this by professional advisers in terms of the appropriate steps and so on. However, the key piece was making sure the market was aware that we would dispose of our own interest on a commercial basis.