David Cullinane (Waterford, Sinn Fein) | Oireachtas source

I know that. However, Mr. O'Kelly is saying there is a surplus of money which the NTMA may not be able to spend because there are not enough projects. Whatever about the rights and wrongs of it, I am not saying the NTMA is wrong. The factual position is that we have X amount of money to spend and we will spend as much as we can. It is dependent, however, on having pipeline projects in place which can enable the NTMA to spend the money within a period. As it cannot spend the overall figure, there is a surplus which will now be used for something else. Is that what Mr. Conor O'Kelly is telling me?