Ministers defend new housing agency

The Government’s new housing agency will not become another Dublin Docklands Development Authority (DDDA), ministers have insisted.

The DDDA was engulfed in controversy a decade ago over the ill-fated purchase of the Irish Glass Bottle site in Ringsend for €412m in 2006, only for it to be valued at €45m in 2010.

The DDDA too has been the subject of several investigations by the Comptroller and Auditor General and the Dáil’s Public Accounts Committee.