Docklands quango faces axe over damning report

A Government quango is set to be axed, with a report due this week by the country’s public spending watchdog set to reveal a litany of financial mismanagement and planning irregularities.

The Government is preparing to abolish the Dublin Docklands Development Authority on foot of the findings of an inquiry by the Comptroller and Auditor General.

Phil Hogan, the environment minister, will brief the Cabinet later this week on the C&AG’s highly critical report which exposes how taxpayers have been exposed to multimillion-euro losses as a result of the DDDA’s disastrous involvement in acquiring the Irish Glass Bottle site in Ringsend.