Dáil debates

Thursday, 5 November 2009

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage

 

7:00 am

Photo of Joe CostelloJoe Costello (Dublin Central, Labour)

No matter how the Minister adds up the figures they have to mean that he will pay over the odds. Otherwise he will be paying the current market value, but he is not doing that which would be a realistic price. He must pay the long-term economic value whatever that may be. It may go up but Deputy Gogarty is not so sure whether it will go up or down. I am not sure about the Minister's confidence in that respect.

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