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:

I would like to clarify my response in regard to the Deputy's first question as I may have created some confusion in that regard. The property about which we are speaking, No. 16 Hanover Quay, was acquired by the authority by way of CPO. The CPO covered a range of properties. Property No. 18 Hanover Quay was owned by U2. We were also envisaging acquiring that property by way of CPO. In doing so we would have been obliged to rehouse U2 into what would later become the U2 tower on the Quays. That transaction did not complete.