David Cullinane (Waterford, Sinn Fein) | Oireachtas source

According to the minutes, as set out on page 117: "The Board noted that, in light of the co-location of offices between Frank Cushnahan and Tughans Solicitors (Belfast), there were some reservations in respect to a success fee payment to the latter". The phrase used is "some reservations". It subsequently states:

However, the Board members raised concerns [We can read into that what we want.] in relation to the payment of a success fee to Frank Cushnahan, who had failed to disclose a potential beneficial interest with respect to the success fee to NAMA. The Head of Asset Recovery advised the Board that three bidders remained in the bidding process ...

Ronnie Hanna was still the head of asset recovery at that time. Is that correct?