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

I am bound to suggest that perhaps we did not focus as much on the larger valuations as we did on the lesser ones, and that might have been a lesson, although it is ten years ago now. When we got to the sale of Project Nantes, the Avestus portfolio had already performed well because there had been two large and very profitable disposals and others that broke even. Then we came to Project Nantes, where we were sort of in clover, for want of a better expression, compared with the recovery targets that were set. Is there any sense of complacency here, where due process was overlooked because, to get out alive, it was decided just to take the first person who came and to waive the need for competitive tension and the normal processes that would apply, on the basis that the overall target for Avestus and the recovery would be met and, therefore, anything would do?