Gerry Horkan (Fianna Fail) | Oireachtas source

Mr. O'Keeffe stated the non-performing loan value dropped from €30 billion to €7.8 billion, which is a very significant reduction. Credit has to be given for the reduction. Could Mr. O'Keeffe outline how the €22.2 billion, or thereabouts, has been resolved or taken out of the non-performing loan section, how much involved debt forgiveness and how much involved selling off to vulture funds or private equity funds? How many paid the full amount? The figure dropped from €30 billion to €7.8 billion, so some of the €22.2 billion must have been written off. I hope much of it was repaid. Do the witnesses have the figures to let us know what happened?