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Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: I am sorry. In fairness, Mr. Bradshaw did make that position known to the Minister who originally appointed him to the board of the Dublin Docklands Development Authority. I accept and understand that.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: In fairness, Mr. Bradshaw has been very open. He has gone further than he was necessarily obliged to do, but I brought it up again given that he raised the issue himself. Did any conflicts arise during Mr. Bradshaw’s ten year tenure as chairman as a result of his property investments? He referenced those at various board meetings. Did he absent himself? Could he explain the...

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: The authority was the planning authority for the area and had the duty of examining and sanctioning any planning application.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: I thank Mr. Bradshaw.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: No.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: It was overheated.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: I was.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: It tried to pull off the 1998 success almost ten years later.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: Mr. Bradshaw has done his best to address the point, but I am finding it very difficult to understand why a formal valuation was not secured in October before the final decision on the joint venture was made. He will accept that was far from best practice.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: One would not buy a house without getting an independent valuation.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: What formal valuation can Mr. Bradshaw recall?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: It had previously valued the site.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: What value did it put on the site?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: Can Mr. Bradshaw recall the valuation?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: I suggest Mr. Bradshaw, as chair of a public body, should have deployed best practice in regard to it.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: At any stage during the authority's interest in the joint venture was there another bid for the site? Was Mr. Bradshaw aware of interest from any other individual or company?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: Mr. Bradshaw was not aware of any formal approach being made to the owner of the site. As far as he is concerned, his authority was the only show in town and the only operation engaged in buying the site.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: Mr. Bradshaw attributed a statement to the then chief executive officer Mr. Paul Maloney. Is Mr. Bradshaw aware of the reasons Mr. Sean Mulryan did not pursue his interest?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: Mr. Bradshaw has tried to comprehensively address the issue of perceived conflicts of interest. Points 3.50 and 3.51 in the report of the Comptroller and Auditor General refer to the decision made by Mr. Bradshaw and his colleagues on the board to attempt to address the potential conflict of interest in the funding of the project. Mr. Bradshaw is on record in terms of the actions he took to...

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (26 Jun 2013)

Gerald Nash: If I may follow on from Deputy Paschal Donohoe's reference to Mr. Bradshaw's opening statement and the claim in relation to taxpayer's money. In terms of the Authority's decision to acquire the Glass Bottle site he makes a comparison between that decision and the factors that informed that decision and then the factors that informed the purchase of the BGE site in 1998. Will Mr. Bradshaw...

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