Ruairi Quinn (Dublin South East, Labour)
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Question 278: To ask the Minister for Education and Science further to Parliamentary Question No. 650 of 9 June 2009, the reason his Department is unable to furnish a copy of the requested information immediately; if this information has ever been compiled since the indemnity deal was first agreed; if it will be possible to complete the conveyances without, [i]inter alia[/i], summaries of the discount achieved by the State and the values of each site. [23796/09]

Batt O'Keeffe (Cork North West, Fianna Fail)
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Following receipt of the Deputy's question on 9 June my Department examined how pursuant to the agreement and relevant protocols, account was taken of grants or other payments in arriving at final valuations for the purpose of property transfers under the agreement. This initial examination has raised questions as to whether such adjustments to market valuation were made in the case of properties where they might have been applicable. A full review is being undertaken of the valuation process applied for each property involved including the application of protocols relating to grants paid. This review will be overseen by the external Chairperson of the Department's Internal Audit Committee, Mr Bill Cunningham former senior partner, PWC. I will inform the Deputy of the outcome of the review.