Seanad debates

Wednesday, 12 February 2003

Unclaimed Life Assurance Policies Bill 2002: Second Stage.

 

I am concerned by how much of the national development fund is being spent on compensating landowners. This is the case more so in urban than rural areas. I was interviewed on a radio programme yesterday morning when the spokesman for CIE, Mr. Barry Kenny, admitted that over half the cost of public transport projects in Dublin was accounted for by land compensation. That is a dreadful situation. I made the point in an article at the weekend that the rights of property in the Constitution were subject to the common good. In the vast majority of cases, those who have to give up land to facilitate public transport projects would not be selling it otherwise and are not in immediate need of the money. Enormous sums are being paid out. There has not been sufficient public debate on the matter.

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