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Public Accounts Committee: Business of Committee (19 Dec 2013)

Kieran O'Donnell: It is in that context that it should be seen.

Public Accounts Committee: Business of Committee (19 Dec 2013)

Kieran O'Donnell: Will all the witnesses come in together?

Public Accounts Committee: Business of Committee (19 Dec 2013)

Kieran O'Donnell: The matter needs to be clarified. The fact that NAMA's representatives can come in before the end of the week is very important. An invitation should be issued by the clerk to the committee to that effect. We should deal with the matters relating to the HSE and the Mater hospital today.

Public Accounts Committee: Business of Committee (19 Dec 2013)

Kieran O'Donnell: Today, yes.

Public Accounts Committee: Business of Committee (19 Dec 2013)

Kieran O'Donnell: There were some queries put by the committee.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: We will let the Comptroller and Auditor General conclude, and then I can call Mr. Maloney.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: I seek clarification on that. What is the net effect? What is the State taking on its balance sheet in terms of DDDA at the end of December 2012?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: Deficit?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: We suggest that the clerk might link up and we can get it independently verified by the DDDA.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: That is in order.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: The committee will obviously consider Mr. Maloney's request and we thank him for appearing before us. At a macro level it has cost the State €52 million. We may differ, but generally, from the evidence we have received, I feel there was lack of cohesion in decision making, independent property evaluation and proper due diligence. Clearly, it was rushed. However, the committee will...

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: We can ask the DDDA directly for that.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: What was the zoning of the land when it was purchased?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: Was there a question over its zoning?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: Was any preplanning done before a bid was made on the site?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: But that only involves picking up the telephone to call the planners.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: It was a Part 8 development. The DDDA was giving itself permission.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: There was nothing normal about the size of this project. It was valued at €400 million. It was clearly a high-risk project.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: I appreciate that Mr. Moloney has come before us, but obviously he will appreciate that the robustness of argument will always stand up, so we have to put questions. I always come back to the return. Did DDDA get any projections on the level of profit it would make from the project if it was going ahead?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Kieran O'Donnell: What was that level?

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