Former docklands chief ‘aghast’ at critical reports

The former chief executive of the Dublin Docklands Development Authority (DDDA) has launched a strong attack on its former chairwoman Niamh Brennan, saying he “watched aghast” as Ms Brennan issued a number of reports without the participants being able to defend themselves.

Paul Maloney was before the Oireachtas Public Accounts Committee where he also said not one cent of taxpayers’ money was ever received or spent by the DDDA despite its €52m in losses on the disastrous Irish Glass Bottle site in Ringsend, Dublin.

Mr Maloney was chief executive of the DDDA at the height of the property boom when it joined up with developer Bernard McNamara and purchased the site for €412m in Nov 2006. It was one of the biggest deals of the decade but the site was valued at €45m in 2010 by the Comptroller and Auditor General.