Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

Give or take €30 million per year, which sounds like big money to the average punter and, indeed, me. The money has been turned around. To fund €30 million in invoices per year, €5 million is needed every 60 days. Some €1 million goes out and €1 million comes in, for example. If the €60 million we have provided was to fund discounted invoices, it should have funded somewhere in the region of €1 billion to €1.5 billion. This further bears out my point that it was only every using for discount invoicing €5 million or €6 million of the €60 million we provided of the €70 million approved. The rest was for Sir John over in England.