David Cullinane (Waterford, Sinn Fein) | Oireachtas source

Let me make a final point. NAMA, in its defence of its reason for not taking further action when the first conflicts of interest were brought to its attention in relation to the association with Mr. Cushnahan and debtors, the PIMCO success fees and, as articulated earlier, the graceful transfer to Cerberus and the same players and so on, says it had to consider all this but that, on the other hand, in the words of Mr. Daly, it had to weigh up the potentially serious costs and consequences for NAMA, for the State-owned banks and for the sovereign halting of a major loan sale. It seemed to be placing more weight on the bigger picture, which was to achieve its sales price of €1.3 billion. One could argue it is saying the end justifies the means. Does Mr. McCarthy see a problem with that?