Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

I accept that. I know of a number of estates that were left like that. I am aware of one at the moment that is being developed by the local authority. It will be a turnkey project. It was left in a similar state. The local authority will be spending in excess of that money on it and it is still good value when it is compared to what is on the market. That will come in as social housing very soon; within the next 12 months. It was a bomb site. I am not going to say where it is but I have a good bit of knowledge of it. The local authority considers that worthwhile. What I am saying is that in this case we are looking at houses that were substantially finished. Judging by the conversation earlier on, we are looking at something in the region of €70,000 to €75,000 per unit. That is still very good value to finish these off, considering the price they are coming in at. They can be bought for a song. However, the thing I have a problem understanding or maybe accepting is that we have to accept the situation because somebody decides to carry out widespread intimidation. Their brother comes in and buys it up. It does not matter what way it is sold. If it is a special purpose vehicle, SPV, or another company, the buyer with the bag of money is the brother, which is very convenient, and the intimidation stops. We just cannot accept in this State that this is how we are going to do business, or that this is permissible. What I am not hearing from NAMA is if the chief superintendent in Donegal in the north-west region was contacted and sat down with, to see what could be done about this?