Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I will come to the valid reasons. Perhaps the job lot NAMA was selling was too big. That is the fundamental problem with everything here. The big issue NAMA has to answer is why it put all that. I know it has a reason which we will tease out.

Six walked away and we were down to three. One had a conflict of interest and then NAMA was down to two. How could it be as competitive with two as with many more? Having just two is not a highly competitive situation. It begs the question from our point of view about what was the amount it got. The answer is approximately €1.4 billion.