Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

In the first instance, it is for the Comptroller and Auditor General to scrutinise the process and he has done so. Second, it is a matter for NAMA to answer the questions. However, section 12 says that the board is empowered to dispose of property for such consideration and on such terms as the board thinks fit. That is such a broad-ranging mandate that there was not a process that would apply to every sale. The process would vary depending on the circumstances of the sale. These decisions were entirely within the commercial mandate of NAMA and I would not interfere in the commercial mandate of NAMA. The Deputy would have a different set of questions if I had done so.