Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Professor Honohan, John Moran, who was a former Secretary General of the Department, was in before us, and he was of the view that the cost of the bailout, the banks' guarantee, would purely boil down to Anglo - that the other banks will effectively fully repay the taxpayer or the investment in them. You've put in a figure of €40 billion. How would you view that pronouncement by John Moran?