Treasury select committee chairman John McFall MP said the assets should not be sold off for less than their market value.

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Elsewhere, 7-year-old Stella McFall, daughter of Atlanta Ballet's artistic director, John McFall, made much of her role as one of Irene's abducted sisters, also named Stella.

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John McFall has become something of a political celebrity.

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"They did give an apology but as the session went on, I think they were drawing back from that and saying, look, there were events beyond our control, " John McFall, the committee chair, told me afterwards.

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