Phil Hogan (Carlow-Kilkenny, Fine Gael)

I can be helpful on this because we have discussed the matter already. I have one question. Given that the Dublin Docklands Development Authority has put up its own assets as security for loans from Anglo Irish Bank, in reality that bank will be looking for its money back from every loan it made for obvious reasons. What is the authority's exposure in the event that Anglo Irish Bank comes looking for the money in repayment of the loan? Can the Minister give some indication to the House of how that will be paid back? Ultimately, the Department of the Environment, Heritage and Local Government is responsible for ensuring that the money is paid through the Dublin Docklands Development Authority to Anglo Irish Bank.

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