Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

I have no particular expertise in property values or in the technical area and have no role under the NAMA Act in anything relating to making a commercial decision. That is a matter for NAMA. I do know that the theory of bundling is to put good with bad. If the lots are very small, the tendency would be to cherry-pick. Many of the good assets would be sold and NAMA would be left with assets that had little or no market value. By bundling large, the good and bad are all sold and the taxpayer gets a return. It is a debatable point. NAMA follows the debates here in the Dáil very closely. If the Deputy likes, I will ask NAMA to contact her directly to give its point of view.

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