Alan Kelly (Tipperary, Labour) | Oireachtas source

In regard to Lazard - we will have to come back to this issue eventually - the fact that it received £4.3 million for a role that was very confined in comparison with the roles of organisations of similar type in regard to other projects is perplexing. Why was it not involved in portfolio valuations and the sales process? Why was it not asked to be involved in that process? Why, afterwards, was it not given all the information required to undertake an analysis to ensure the integrity of the marketing and sales process and decision-making thereon was as accurate as possible? My view, based on my reading of the report, is that the role of Lazard was seen to be one of rubber-stamping a process.