Business Irish

Sunday 20 October 2019

Bradshaw to meet PAC over Docklands debacle

Daniel McConnell

LAR Bradshaw, the former director of Anglo Irish Bank and the embattled Dublin Docklands Development Authority (DDDA), has said he will appear before the Public Accounts Committee to defend his role in the €450m Irish Glass Bottle site debacle.

The committee two weeks ago decided to issue invites to former board members of the DDDA, including former Anglo chairman Sean FitzPatrick to explain their role in the Glass Bottle fiasco, which to date has seen €52m of taxpayers' money wasted.

Mr Bradshaw is the only one so far to "indicate his willingness to assist the committee".

"The PAC is anxious to facilitate his willingness," chairman John McGuinness said.

Mr Bradshaw is expected to appear on either June 19 or June 26.

The committee is keen to hear Mr Bradshaw's defence that he did not have a conflict of interest on the deal given he was a director of both the DDDA and Anglo Irish Bank, which was one of the banks that lent money to facilitate the purchase of the site.

Irish Independent

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