David Cullinane (Waterford, Sinn Fein) | Oireachtas source

Is it credible to say the process was competitive and open when the chairman of NAMA has stated to this committee that, in fact, a "fully open sales process" would not yield any additional benefit? What the witnesses are failing to acknowledge is that some of the bidders are not happy with how the process was conducted. That is clearly set out in the Comptroller and Auditor General's findings. Restrictions were imposed on marketing and access to information. Again, that is all included in the Comptroller and Auditor General's report. I do not see how all of this sits with the witnesses' assertion that it was a competitive process.