Oireachtas Joint and Select Committees
Thursday, 30 March 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
UCC: Financial Statements 2013-2014
9:00 am
Alan Kelly (Tipperary, Labour)
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Regarding Cork Savings Bank on Lapps Quay, Cork City Council purchased it in 2014 for €600,000 and University College Cork purchased it for €1.42 million from the council in 2016. There was €800,000 of a difference in the purchase price in less than two years. How is that justified?