Seán Fleming (Laois, Fianna Fail) | Oireachtas source

There is a point to be made as a committee on the discount rate. It is a point of contention. We asked NAMA to produce the information and not the Department of Finance. It is fine in 2016 to construct the argument of 5% versus 10%. The net question we will have to ask NAMA to demonstrate relates to its working paper and discussion at the board at the time of sale, when it used the higher discount rate. It has not produced any evidence yet. If it does, we will consider it. If NAMA can only produce evidence on a discount rate two years after the process completed, it would be quite a different issue. Do the witnesses understand the point we are making?