Brian Stanley (Laois, Sinn Fein) | Oireachtas source

Strictly in respect of the cost-benefit analysis, PwC concluded that the cost of the private operator would be €974 million. We now know not only that the nature of that consortium has changed, and the funding, but we are now relying on a letter that apparently has been handed to the Department which states that an investor has been found who is good for €180 million and that the main bidder in the consortium, the financier, Granahan McCourt, now must come with in the region of €40 million to bring us to €220 million. Has Ms Ball concerns about that issue or can she explain the reason the cost-benefit analysis concluded that the operator would put in €974 million? We now know that the total cost, and I refer to the letter that came in from an investor who will throw in their lot with Granahan McCourt, is now in the region of €200 million or €220 million. Can Ms Ball explain that discrepancy?