Mr. Seamus McCarthy:

I am certainly aware of reports of that. As to evidence, no. I think I would reserve judgment on that until I have carried out the triennial review. I think we will go to market to look for somebody to assist us with, basically, project economics and disposal of bank assets. I think that is something that would be useful for us to have for that examination.

I would envisage that we would take a sample of assets, both loans and-or property that was disposed of by NAMA and look at the decision-making process to dispose in those cases, as well as looking at a sample of those cases where NAMA has held assets and agreed to invest in them and to look at what kind of return it is expecting to yield from those.