Serious questions for Department of Education over Harold's Cross purchase - David Cullinane TD
Sinn Féin TD and member of the Public Accounts Committee David Cullinane, has called on the Department of Education and Bord Na nGon to appear before the PAC to explain the sale of land at Harold's Cross in light of new information.
Deputy Cullinane said:
"The news that the estate agent Savills valued the land of the former greyhound stadium at Harold's Cross at between €6 to €12 million, puts a new and worrying light on the fact that the Department of Education paid €21 million in order to build schools on it.
"The price paid just happened to match the €21.3 million debts accumulated by the Irish Greyhound Board.
"I raised concerns at the time that the sale price could be perceived as a bailout. The news of the valuations done by Savills certainly doesn't assuage those fears.
"The Department of Education and the Greyhound Board need to appear before the Committee to explain just what went on here.
"The Greyhound Board also needs to explain why it refused to give the valuations to the PAC when requested, given that the information was subject to freedom of information legislation.
"We need to get to the bottom of this."