Oireachtas Joint and Select Committees
Thursday, 1 October 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014 (Resumed)
10:00 am
Shane Ross (Dublin South, Independent) | Oireachtas source
That is what it looks like to me, I must say. It looks to me like there are so many coincidences happening here.
Big players are withdrawing, another lot are coming in with a bid which they know will not succeed, and one group gets through the hoops by €1 million, a tiny amount. That is not competition. I still cannot understand how, when NAMA saw this, it could say there was competitive tension, which is a pretty diluted phrase. Surely it should have said, "This stinks. We are going back to the drawing board."
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