Thomas Byrne (Meath East, Fianna Fail) | Oireachtas source

In his final contribution could the Minister clarify when the document will be on the website?

The Minister needs to ask for a review and I wonder whether he will agree to do that. The issue is that the purchase price of €23 million almost coincides with the debt of Bord na gCon. I am not making a case against anybody. I agree with the Minister that the Valuation Office is professional. However, two facts have emerged. The first is that the sale price is almost the same as the debt and the sale price was almost double what Bord na gCon believed the site was worth if it was sold for residential development. Is there any correspondence in the Department on the debt of Bord nag Con? Is that a matter that ever appeared on the files of the Department of Education and Skills?

Will the Minister order a review of the transaction in light of the fact that the overall value of the bundle available for expenditure on school sites was €28 million, so this would have taken a more significant amount of the overall budget for sites than the Department would have expected? Will the Minister seek a review of the procedures in the case outlined?

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