Kieran O'Donnell (Limerick City, Fine Gael)
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I do not know which hotel he stayed in, but it obviously was not a NAMA hotel. NAMA was established for the purpose of getting credit flowing again, to take pressure off banks' balance sheets and provide a structure to get the economy moving. I will deal in my questions with the reasons for the establishment of NAMA and its achievements to date. I am asking questions from the point of view of the taxpayer. I include in that regard those on social welfare and the unemployed who have all contributed with their taxes.

When IBRC loans transferred to NAMA, they increased its assets by 50%. It now has a balance sheet of €22 billion. I reckon this will increase to-----