Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay, that's fine. In relation to Brendan McDonagh ... Brendan McDonagh was before the banking inquiry and he gave evidence in relation to dealing with developers and how NAMA was established. And you talk about the efficiency in terms of NAMA. Mr McDonagh talked about, and I'll quote him, he says, "Probably about €300 million of that additional security, debtors decided that they would transfer them to third parties, friends, relatives, rather than hand them over to banks or NAMA." And then he talked about additional assets that were ... that weren't declared to banks, or NAMA. But in relation to ... and not breaching any confidentiality between yourself and NAMA, what's your view of that statement from ... NAMA developers that they would have transferred €300 million of assets out of the hands of banks or NAMA?