Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Sean Mulryan:

But there was alternatives to NAMA in a situation like that. We had a ... in London we had a tremendous London land bank, about 20,000 lots along the river, in London, bought really well. And there were many institutions in the world that, if I knocked on their door at that particular time, that would definitely have come with us and taken us out and would have done ... maybe we would have done much better than with NAMA. I am absolutely certain of that.

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