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 Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

When Ms Tallon looks back on that, was it the correct approach? People have differing views on NAMA but, if it had not been established, some €31.5 million of taxpayers money would have gone directly to a private source, not back into NAMA, which is effectively owned by the taxpayer. The structure of the deal was such that he got a value that was the market value at the peak. What was the date of the valuation of €77.6 million?