James Reilly (Dublin North, Fine Gael) | Oireachtas source

NAMA takes control of the loan and the site but it does not necessarily incur all the legal costs in transferring ownership only to sell it on again. It controlled this de facto and any moneys arising from it, as far as I understand it. Perhaps the Deputy could ask NAMA about it. Once something is in NAMA, unless there is a major profit made, which is highly improbable in this case from what I heard, there will be no gain for the individual.

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