Oireachtas Joint and Select Committees
Thursday, 30 November 2023
Public Accounts Committee
Business of Committee
9:30 am
Mr. Seamus McCarthy:
Effectively, yes. The land would have gone into the Land Commission, but the estates were paid for using the land bond issues. Effectively, they projected forward how much was going to likely be needed to redeem the bonds when they came to maturity or otherwise when they were presented. They have all been presented, with the exception of €137,000 worth. That remains in the land bond (winding-up) account. There were no transactions in 2022 and there have not been-----