177 Deputy Jonathan O’Brien asked the Minister for Public Expenditure and Reform the circumstances in which an estate known as Ballyhoura Lodge, Buttevant, County Cork, consisting of a house, outhouses and more than 17 acres of land, which became State property on the 1 September 1972 on the dissolution of its registered owner Ballyhoura Estates Limited, was sold to a person (details supplied) on 6 October 1986 for the sum of £160 and was then sold on 22 December of the same year to another person for £20,000; if he is satisfied the State received adequate consideration for the sale of its property; if this transaction was ever examined as to its propriety; the steps taken by him to safeguard the property interests of the State in such transactions; and if he will make a statement on the matter. [39506/11]

Summary

177 Deputy Jonathan O’Brien asked the Minister for Public Expenditure and Reform the circumstances in which an estate known as Ballyhoura Lodge, Buttevant, County Cork, consisting of a house, outhouses and more than 17 acres of land, which became State property on the 1 September 1972 on the dissolution of its registered owner Ballyhoura Estates Limited, was sold to a person (details supplied) on 6 October 1986 for the sum of £160 and was then sold on 22 December of the same year to another person for £20,000; if he is satisfied the State received adequate consideration for the sale of its property; if this transaction was ever examined as to its propriety; the steps taken by him to safeguard the property interests of the State in such transactions; and if he will make a statement on the matter. [39506/11]

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• State Properties

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