Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority: Annual Report and Financial Statements

10:00 am

Mr. John Crawley:

Correct. That was a reference to a draft proposal given to us by an insurance broker. To be technically correct, it was not the insured value at that point in time. What was more important to us was that we could establish what we considered to be the open market value of the property. In this regard, we relied on professional advice and benchmarking.