Seán Ardagh (Dublin South Central, Fianna Fail)

I wish to respond to Deputy Naughten's final remark on the €54 billion for NAMA which he claimed his children and their children would need to repay. The entire intention of NAMA is that it will get property at a discount and will, over a period of ten years, sell that property and recoup that €54 billion plus a profit. It is not as a debt for him, his children or their children thereafter.

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