Mr. Chairman, just before Mr - The Tribunal of Inquiry into Certain ...

3211:46:511 there, that Mr. Gunnes agencies gave you a valuation at 97,222.00 per acre?2 A. Yeah the scheme, it was based on the potential of the footprint that I had put3 together.4 Q. 93 I put it to you Mr. Gilmartin that's incorrect.11:47:095 A. That is correct.6 Q. 94 It's incorrect Mr. Gilmartin.7 A. That's correct.8 Q. 95 Okay. We'll go through it so if it is and try and establish the truth.911:47:1810 Situation here if we can go.1112 Now valuation the last heading in our opinion subjects to the content of the13 above report the current open market value of the lands as outlined above is in14 the region of 17.5 million pounds.11:47:3515 A. That's correct, that was the footprint --16 Q. 96 Sorry I will comply with Mr. Gallagher's wishes and read the rest of it for you17 now then you can answer the question.1819 "We would welcome an opportunity to revise our opinion of value in the event11:47:5020 that the proposed planning application is successful for a large retail,21 business park".22 So would you concede to me now that what you have just given by way of evidence23 is incorrect.24 A. No.11:48:0225 Q. 97 No?26 A. I have -- I stand by any evidence I give here.27 Q. 98 Well I have to --28 A. As incidentally there was no planning on it at the time. It was based on the29 fact that it was industrial land and so therefore the reference to a retail11:48:2030 park which is DIY, is absolutely correct, because I also had people lined upPremier Captioning & Realtime Limitedwww.pcr.ie Day 474