Marc MacSharry (Sligo-Leitrim, Fianna Fail)
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In the data room that was provided to potential purchasers, or certainly to one of them, the parties were shown valuations of the underlying assets from 2009. We have already established that Lazard was not valuing the loans on this occasion - I do not know why it was paid all of the money it received - even though it did so for Tower, as the Comptroller and Auditor General has pointed out. Why would NAMA not have obtained updated valuations for the biggest property related transaction in the history of the State?