Michael Noonan (Limerick City, Fine Gael)
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No. The reason for the change was obvious. The Executive was nervous of a fire sale that might damage the Northern Ireland economy when there was no obvious way of selling the whole portfolio. When a major international property company emerged and approached the Northern Ireland authorities with an interest in the whole portfolio, it seemed to changed the situation. As I understand it, the company was interested in paying fair value price. The Deputy can see from the subsequent correspondence that the Executive changed-----