Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Hold on, so that we are clear. It is fine for Mr. McDonagh to make that statement about the current loan book. However, the world wants to know when will he have finished his task. When will he have removed the entirety of the contingent liability on the State and its citizens? In a sense, while it is not misleading, it is not fully complete, to say "we therefore can confidently say that we will have cleared the decks by 2020 because this IBRC loans issue that might be transferred is unquantifiable". I take the point that at this stage Mr. McDonagh does not know what exactly he will have to deal with.