Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I am instancing this transaction. We have discussed previously the fact that NAMA is not an organisation or body that is amenable to close scrutiny by parliamentarians like us because of commercial sensitivities and the commercial nature of NAMA's task. That is what we are told and that is the position set out by NAMA. I am citing this instance and raising a concern around it.

Perhaps Mr. McDonagh could leave off his NAMA hat for a moment. It does not look great from the taxpayers' point of view, does it? NAMA sells on a site, albeit in the circumstances described by Mr. McDonagh, then, less than two years later, it is sold on at double the previous value. I put it to Mr. McDonagh that this does not inspire confidence to the average five eighths looking on.