David Cullinane (Waterford, Sinn Fein) | Oireachtas source

My point is we had a legal commitment of €128 million under the indemnity agreement. We then had voluntary offers, amounting to €353 million, and this figure was reduced to €225.6 million. Mr. Ó Foghlú is confident, notwithstanding valuations of properties, that he will get all of that sum.

The activity of two of the congregations is somewhat problematic. It is fair to point out that some of the congregations have actually given the entire amount they did offer, but some have not. The Christian Brothers initially offered, as I said, school playing fields and other lands, but it withdrew that offer. Its value was about €120 million. It subsequently offered €34 million, but it has paid only €10 million. The Sisters of Mercy offered €127.5 million, of which only €24.9 million has been realised. That, to me, seems problematic. Will Mr. Ó Foghlú explain to me why that is the case?