Oireachtas Joint and Select Committees

Thursday, 16 April 2015

Public Accounts Committee

Special Report 90 of the Northern Ireland Audit Office and the Office of the Comptroller and Auditor General
The Bytel Project

10:00 am

Mr. Mark Griffin:

The Deloitte appraisal, which was done in 2004 when the project was under consideration for funding under the telecommunications measure, concluded that the valuation on the Nortel racks of €1.3 million was reasonable. I would need to check it. I am not sure whether Deloitte was making a general statement in respect of that type of equipment to the effect that it would be appropriate to assign a value of €1.3 million-----