The PAC’s investigation into the Dublin Docklands Development Authority continued this week.

You will be aware that the PAC has been investigating in particular events surrounding the acquisition by the DDDA of the Irish Glass Bottle Site in 2006. This follows on from the work of the Comptroller and Auditor General in his Special Report of February 2012.

Today gave the committee an opportunity to examine the accounts for the Authority from 2012 and to get an update on the Authority’s current financial position as it approaches its eventual dissolution as an independent entity later this year.

In my opening questioning I went through the headline numbers in detail and also queried the notes to the financial accounts. You can watch this here.

In addition, we also discussed the matter of the Shareholder’s Agreement entered into by the Board in the acquisition of the IGB site. This has been a key area of our examination which has been a point of disagreement in evidence heard to date concerning what the Authority agreed to and what the Board understood they were agreeing to. You can watch this section here.