Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Davitt:
Well, it certainly isn't known to me. And like, you know, the valuer does say there that the methodology used can either be if market value or net disposable, net development value, so either one there would get you to where you are. But they ... they're saying the methodology was not market practice, so I don't know what value they were using.