Oireachtas Joint and Select Committees

Thursday, 22 June 2017

Public Accounts Committee

University College Cork and University of Limerick: Financial Statements

9:00 am

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

How was this deal advantageous to UCC? I should have asked the two questions together. How was it advantageous in terms of property value in circumstances in which it was contractually obliged to use the full value of the campus plus the additional costs to release the charges in favour of the bank and the pension trustees? Those two questions should have been asked together in the beginning.