Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Can I ask you, Mr. Gleeson, about the issue of interest being rolled up and that practice? Because I think some light was shed on that yesterday by NAMA that, for example, of the €74 billion of par value of loans they acquired, €9 billion of that was actually just interest being rolled up and that €9 billion more or less related to the €40 billion in the land and development book. It emerged at one of your own board meetings on 8 October 2008 when questions were being asked about interest being rolled up that the bank didn't have access to that information readily.