Oireachtas Joint and Select Committees

Thursday, 9 October 2014

Public Accounts Committee

2013 Annual Accounts of Shannon Free Airport Development Company

1:05 pm

Mr. Ray O'Driscoll:

Based on the information we have, the property was sold to Munster Packaging Limited. A valuation was undertaken at the time. Shannon Development staff organised for a valuer to visit the property in order to conduct a valuation. They have been led to believe and understand that HL Commodity Foods Limited understood this to be part of a transaction.