Mr. Brendan McDonagh:

None of the assets remaining in NAMA are straightforward. I will not lie to the Deputy. We think the majority of the assets are solvable, effectively by working with the debtors and their solicitors. As a solicitor, the Deputy will appreciate that a lot of the problems arise where things were left resting in contract. That is what went on during the 2000s. Those entities are no longer around and they are resting in contract. How do you unravel that? It takes a bit of time to do that with the Property Registration Authority, PRA, and the Land Registry. We have a lot of experience in this now, having been doing it for a long time, so we believe we can resolve a lot of these problems.