Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Well, I must invite you to say more, Mr. McGann, because it doesn't matter when it was calculated. I take it that NAMA examined the loans and found that 92% of the value of the book which was transferred to NAMA - almost €32 billion - was money that was lent by way of exception to the official credit policy of Anglo Irish Bank and the point ... I would ask you again: do you find that shocking?

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