Noel Rock (Dublin North West, Fine Gael)
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That is fair enough. One can see the pressing reasons NAMA would have sold with speed. It is perhaps interesting to note on the record that had it been sold in September 2016 or indeed in June 2016, it would have reduced the level of loss quite substantially. The difference between the Comptroller and Auditor General's figure and NAMA's figure would have fallen to around €100 million. Credit should be given where it is due, in that respect.

I would like to know why NAMA adopted its approach. Even though the explanations are clear enough in the Comptroller and Auditor General's report, why exactly did NAMA take on such a tight timetable? What was the rationale for doing so?