Kieran O'Donnell (Limerick East, Fine Gael)

It will be €29.5 billion. That is based on discounts of 67% which I would say are reasonable, and if the discounts are 70% there will be a further €5 billion on top. It is reasonable and if one examines the loan book within Anglo Irish Bank which we have seen, we know some of the loans it gave out were reckless in the extreme.

See this speech in context