Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

That is a problem because it was not Ervia which was to benefit from the proceeds of the sale and it was not supposed to simply pay a dividend in line with the normal criteria for State agencies. My understanding, and that of the public, would be that it was sold for €400 million and that was to be ring-fenced specifically for the housing crisis. If it is still in Ervia and has not made its way directly to the Department of Housing, Planning and Local Government, what is going on? It is smoke and mirrors.