269. Deputy Luke 'Ming' Flanagan asked the Minister for Public Expenditure and Reform if he will outline the circumstances in which Ballyhoura Estates Limited, consisting of a substantial house, outbuildings and more than 130 acres of land, which was vested in and held in trust by the Minister for Finance under the 1954 State Property Act on 1 September 1972 for the statutory 20 years, was conveyed to a person (details supplied) on 5 April 1979, and then on 6 April 1979, was conveyed to the person's daughter in part house, outbuildings and 17 acres of land, of which the person, sold 6.315 acres on 11 January 1984; if he will explain the way, almost two years later, on 6 October 1986, the Minister for Finance sold in fee simple sale absolute to the person who had acquired the property seven years earlier, while the property was vested in the Minister for Finance; if this transaction was ever examined as to its propriety, the steps that were taken by his Department to safeguard the property interests of the State in such transactions; and if he will make a statement on the matter. [12759/13]

Summary

269. Deputy Luke 'Ming' Flanagan asked the Minister for Public Expenditure and Reform if he will outline the circumstances in which Ballyhoura Estates Limited, consisting of a substantial house, outbuildings and more than 130 acres of land, which was vested in and held in trust by the Minister for Finance under the 1954 State Property Act on 1 September 1972 for the statutory 20 years, was conveyed to a person (details supplied) on 5 April 1979, and then on 6 April 1979, was conveyed to the person's daughter in part house, outbuildings and 17 acres of land, of which the person, sold 6.315 acres on 11 January 1984; if he will explain the way, almost two years later, on 6 October 1986, the Minister for Finance sold in fee simple sale absolute to the person who had acquired the property seven years earlier, while the property was vested in the Minister for Finance; if this transaction was ever examined as to its propriety, the steps that were taken by his Department to safeguard the property interests of the State in such transactions; and if he will make a statement on the matter. [12759/13]

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