Eugene Regan (Fine Gael)

I have a question. The point is that the establishment of NAMA was announced in the supplementary Budget Statement in April last year. The draft business plan, according to which we were to make this phenomenal €4.8 billion in profit, was published on 13 October. Having nationalised Anglo Irish Bank in December 2009 and appointed public interest directors to all of the banks, there was adequate time for the Government to find out the true story. It is an abdication of responsibility to suggest it all comes down to the information the Government received from the banks. NAMA and the Government have a multitude of advisers to check these matter for them.