Oireachtas Joint and Select Committees

Thursday, 2 March 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government

9:00 am

Mr. John McCarthy:

Once the interest-only period had expired, the loan and the accrued interest were rolled up into a single loan, and the city council is now paying the interest only on it.