Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Just lastly on the cost again ... sorry we don't have more time to explore this, but Brendan McDonagh, the chief executive officer of NAMA, made what some people might find an astounding statement. In his opening statement, in page 4, 22 April, that, in fact, NAMA paid €10 billion more for those loans - it took €32 billion - when really he said if the real market cost was paid it would be €22 billion, thus giving an extra €10 billion "State aid", in inverted commas, to the banks. Do you agree with that?