Catherine Murphy (Kildare North, Social Democrats)
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I welcome the witnesses. I want to focus on two things. I will try to keep my questions focused and try to keep a bit of time to ask a second round of questions.

Will Mr. Griffin give us the background on how much the national broadband backers have put in so far out of the €223 million that they committed to over the lifetime of this? What is the status of the Department’s evaluation of Asterion, the Spanish investor that is seeking to purchase an 80% stake? When is it likely to be approved or blocked? What role does the Minister have to play? Can Mr. Griffin tell us the value of the clawback to the State and the value of the returns to Oak Hill and Twin Point if the deal goes ahead? Do Granahan McCourt and the senior management earn a payout from the deal under the existing shareholder agreement?