Catherine Connolly (Galway West, Independent) | Oireachtas source

Let us look at the return as highlighted by the report of the Comptroller and Auditor General. It uses a new phrase, "entity return" and mentions the different ways of measuring the return. Can the witnesses comment on what he has highlighted here? He states that you do not use the standard method of confirming the return. He refers to an entity return on investment, EROI, and an internal rate of return. I understand that NAMA is making its assessment on the basis of the market value which it did not pay.