Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Davitt:

Well, it certainly isn't known to me. And like, you know, the valuer does say there that the methodology used can either be if market value or net disposable, net development value, so either one there would get you to where you are. But they ... they're saying the methodology was not market practice, so I don't know what value they were using.

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