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
11:30 am
Ms Clare McGrath:
We had heads agreed but legal issues came up about sub-sales and VAT which were quite complicated. I do not presume to understand all of the niceties and complications. We were taking advice and engaging with the legal people on the other side. We engaged with a property negotiator on the issue of putting the lease in place. All of that was happening and was coming to a conclusion but then the developer was unwilling to proceed.