Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

With regard to how this was executed, the Minister could not ring and say "I am selling all of Project Eagle" because he does not have the authority or the jurisdiction to do that. It is very clearly laid out in the National Asset Management Agency Act 2009 that NAMA is totally independent in its performance. Therefore, the Minister could not execute that. It is not in his power to sell Project Eagle.