David Cullinane (Waterford, Sinn Fein) | Oireachtas source

It is quite obvious to where I am directing the witness's attention. Fortress was one of the two bidders left standing. It stated that one of the reasons it made a bid below the reserve price was because it required an unconditional bid and it was not able to syndicate or finance pre-bid. We can get clarification but my reading of it is that if it was in the position to syndicate, Fortress could have made a higher bid and it would not have come in below the reserve price. This was not just about tyre kickers, as it was put. This was a serious bidder, which has indicated it could have put forward a higher bid.