Kate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source

I thank the Minister of State. The key consideration for me and I assume for Deputy Durkan is fairness and the humanity of the situation. The Minister of State referenced the €25 million debt, but he failed to mention what was realised when the seized asset was sold and how much of the €25 million had been paid off. We are Teachtaí Dála, messengers of the people. People have asked us to act on their behalf. A vulture fund - I am not its messenger and do not intend ever to be - is looking at an asset, rather than the debt.

The situation is that because of its location, this asset has inflated in value to such an extent. My concern is that in a bundle of loans, this prime asset was picked out specifically as something it wanted to realise the value of.

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