Seán Fleming (Laois, Fianna Fail) | Oireachtas source

I have one or two final questions. I thank Mr. Long for his time; we are almost finished. Issues arose during the process. Did the letter Lazard gave to NAMA at the end of the day deal with the two competitive bids that were on the table and on which Lazard was adjudicating or did it refer to the whole process that had potentially nine bidders because Lazard only received two? In Mr. Long's letter to NAMA, when he talked about competitive tension, was he talking about the end of the process, in terms of NAMA having to make a decision and bearing in mind there were seven other potential bidders, including PIMCO which did not make a final bid? Had Mr. Long's letter to do with the process covering all nine or had it to do with the final bids that were received?