Matt Carthy (Cavan-Monaghan, Sinn Fein)
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At the same time, however, it is fair to say that most people did not know that this portfolio was even on the market. Thus there was a situation where a company that had an interest in purchasing this portfolio had, as a director, someone who was aware that NAMA had a target price to achieve and that company, very conveniently, valued that portfolio at almost the exact amount NAMA needed to secure.