Dáil Éireann Debate, Tuesday - 17 May 2005
185 Mr. Timmins asked the Minister for Foreign Affairs if he will provide a list of all the assets worth more than €100,000 that his Department has sold since 1997; the total value of all these assets; the purposes for which the proceeds from the sale of same were used; and if he will make a statement on the matter. [16301/05]
View answer186 Mr. Kenny asked the Minister for Foreign Affairs if he will supply an inventory of all assets, specifically land and buildings, disposed of by his Department in each of the past ten years; if transactions were in accordance with proper procedures in the case in which such apply; the date of each sale; the location and asset disposed of in each case; the disposal price agreed; and the purchaser involved. [16403/05]
View answerI propose to take Questions Nos. 185 and 186 together.
My Department has disposed of only one asset, a property, in the period of time specified. The ambassador's official residence in Lagos, Nigeria, was sold in February 2002 for the equivalent of €1,446,315. The buyer was a Mr. Tein George of the company Dominion Capital Trust Limited. The proceeds of the sale were transferred to the Department of Finance as extra Exchequer receipts. The property was sold when the embassy in Nigeria was required to transfer to the new federal capital, Abuja.
