Clare Daly (Dublin North, United Left) | Oireachtas source

There has been an attempt made by NAMA to state the Project Eagle portfolio was a poor one, but the reality is that it was the biggest transaction in the history of the State. It was not a poor portfolio. The idea that we could not have got more money for it is, quite simply, laughable. Not only did it not get an extra €1 billion for it, it did not even recover the amount it had paid for the portfolio to begin with. Does the Minister not think this strange, if we compare it to, for example, the purchase of the Esat licence by Mr. Denis O'Brien? The issue at the heart of that purchase which led to a tribunal was not necessarily the price paid but that corrupt payments had been made to a politician to get the contract. Similar allegations have been made in this instance.

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