Sinn Féin Dublin City Councillor Mícheál Mac Donncha has confirmed that an offer of €50,000 per Priory Hall apartment was a draft proposal from Dublin City Council management.

He called on Environment, Community and Local Government Minister Phil Hogan to meet the residents.

Cllr Mac Donncha said: "Draft proposals regarding Priory Hall last month included a potential offer of €50,000 per apartment. This proposal from Dublin City Council management was conveyed to residents' representatives. Clearly if such a proposal were to be implemented it would see residents still saddled with massive mortgages and no homes to show for them.

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"The plight of the residents of Priory Hall cannot be addressed solely by the residents themselves and the City Council. The mortgage lenders have a key role to play. It would be totally unacceptable if they were allowed to continue demanding full repayment of mortgages on worthless properties.

"It is long past time for the Minister for Environment, Community and Local Government Phil Hogan to meet the residents and to become part of the search for a resolution. He cannot continue to wash his hands of the Priory Hall scandal for which the State bears a huge responsibility due to farcical planning laws and so-called self-regulation."

(CD/GK)