David Cullinane (Waterford, Sinn Fein)
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The Minister, along with the witnesses from the Department, are very welcome to the committee.

The problem is there is a report from the Comptroller and Auditor General which is serious in some respects in which it finds there were certainly issues within the process. If the Minister read the executive summary, he would see many concerns have been expressed by the Comptroller and Auditor General’s office. Then there is a diametrically opposite view from NAMA. The Minister referred to that himself where there are different opinions and that he has confidence in both organisations, which is welcome.

We had some discussion earlier about the 5% or 10% discount rate and differences of opinion between the Department and the Comptroller and Auditor General’s office. Are there any elements of the Comptroller and Auditor General’s report with which the Minister or his officials do not agree?