Catherine Connolly (Galway West, Independent) | Oireachtas source

Mr. McDonagh's statement. In the second last sentence of the second last paragraph, Mr. McDonagh said "he is now saying that this higher discount rate would have been appropriate for potential buyers of the portfolio but not for NAMA as the seller." I would like clarification from the Comptroller and Auditor General on that. I do not think it is the position. On page 8 of his opening statement, Mr. McDonagh said that the Comptroller and Auditor General has now added a qualification. He says "While the C&AG’s qualification at this Committee ... is to be welcomed". That is at the top of page 8.