Mr. Brendan McDonagh:

People who have left NAMA have moved to various places. Some 62 persons have left NAMA since its inception and, if it would be of help, I can outline the most recent information in my possession as to where they are at present. We believe that five people left to return to accounting practices, four left to join the Irish banks - namely, AIB, Bank of Ireland and Permanent TSB - two left to go into the aviation industry, nine have gone into various forms of consultancy - mainly IT contractors - one left to join an engineering firm, two returned to family firms, one moved to the FSA in the UK, one moved to Germany to work for one of the German bad banks, two left to join IBRC, one is going to the IMF, one has joined an international bank operating in Ireland, one went to an Irish PLC, two left and went to law firms, five left and joined different businesses in the NTMA, five moved to private equity firms, two moved to property valuers, four retired, two joined sovereign wealth funds, one joined a training firm, five left to go travelling around the world, five moved to the UK and one moved to the US.