Catherine Connolly (Galway West, Independent)
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I am not making a single allegation. In fact, since I have sat on this committee I have never made one single allegation. I am looking at the summary report of the Comptroller and Auditor General. He clearly points out that the commercial decision of selling NAMA assets is entirely a matter for NAMA. How the agency operates sales is entirely a matter for NAMA.

Let us put this to bed and out of the way. The Comptroller and Auditor General sets out and takes NAMA discounts and expected cash from debtors for two reasons. He sets this out exactly. He goes on to say that given the strategic decision to change policy and sell off all the assets in one go, he and the taxpayer would have expected to see outlined somewhere why there was a change of policy and why NAMA did not stick to the 5.5%. He did not pick the figure. That is what he is raising.

The Minister has read the whole report. Let us look at conflicts of interest. Did the Minister become aware of the report entitled NIHE Management of Response Maintenance Contracts? Is the Minister aware of that report?