Oireachtas Joint and Select Committees

Thursday, 30 January 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Land Swap Arrangement in the Provision of Affordable Houses
Vote 13 - Office of Public Works

11:10 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

I will conclude by making a general comment for the Committee of Public Accounts. When Departments are presenting Estimates to the committee and issues arise out of public court judgments, it would be helpful to Members of the Oireachtas if they are included in the briefing notes in order that Members of the Oireachtas are conscious of why some of the figures are included, especially if they are public High Court cases. I have some information I did not have a few minutes ago. We now know the developer received €45 million for the affordable houses, which is good and I hope people are happy in their homes. The site, now valued at €2.8 million according to the High Court judge, ended up costing the State €34 million to date plus legal costs that are still outstanding. Much of it is due to how long it took and the complex nature of the transaction.