Fianna Fail to wipe out €860k debt by 2015
FIANNA Fail has said it hopes to wipe out its €860,000 debt pile by next year.
The party, which owed creditors around €3m in 2011, claimed today that a series of national draws has reduced its debt levels significantly.
General Secretary Sean Dorgan said the party aims to be "debt free" by next year.
Asked about the future of St Luke's in Drumcondra, which is the former HQ of Bertie Ahern, Mr Dorgan said no decision has been made in relation to potential sale.
Mr Dorgan was speaking ahead of the Fianna Ard Fheis this weekend, which is being staged eight weeks before the local and European elections.
Issues such as the property tax, water charges and the prospect of an independent police commission are due to be debated by delegates.
Speaking at this morning's event in Dublin, the party's Honorary Secretary Dara Calleary TD said the party is "very disappointed" with its lack of female candidates in the elections. Just 20pc of female candidates will be fielded by Fianna Fáil.
Mr Calleary added that some 120 of the party's 400 candidates in the local elections are first time candidates.