Catherine Connolly (Galway West, Independent) | Oireachtas source

Mr. McCarthy did not pluck the 5.5% figure out of the sky. There are three pertinent documents produced by NAMA for this committee; one from Mr. Brendan McDonagh on 29 September, one from Mr. Frank Daly on the same date and one from NAMA, unsigned, on 14 September. In those documents it is argued that the Comptroller and Auditor General has a "misplaced attachment" to an accounting value and that his office does not have the required expertise. It is also argued that Mr. McCarthy used the wrong figures, should have obtained expert advice and so on. What does Mr. McCarthy say to all that?