Joanna Tuffy (Dublin Mid West, Labour)

I thank the Minister for his response. I note he has not yet received the information regarding the amount that is owed to the local authorities for development levies. That is worrying in some ways because many newspapers have carried partial information that suggests the amount of money is considerable. In February, The Irish Times wrote that the four Dublin local authorities are collectively owed €322 million by property developers in unpaid levies. Dublin City Council is owed €142 million, Fingal County Council is owed €70 million and South Dublin County Council is owed €22.5 million. One story that caught my eye is related to the property bubble and how property developers are affected. It also relates to NAMA. A story in the newspapers over the summer concerned a development company that owed some €750,000 to local authorities. It also owed money to Anglo Irish Bank, which is a secured creditor.

See this speech in context