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 Geraldine Tallon:
I understand the Deputy's point and it is a valid one with the benefit of hindsight. However, none of us knew what way the market was going to go, nor expected it to go so suddenly. In 2006 we were in a high and rising market and the circumstances were very difficult. This was an open tender for the site, which had been valued at that ---