Mr. Seamus McCarthy:

There was a letter of request from NAMA in April for me to meet the board. I wrote back and said I did not think that was appropriate at that time. We were effectively disputing the meaning of words and what documents meant. My concern was that we needed to get something on record because I cannot rely on a conversation as any support for what is in my report.

I wanted a single view from the board members representing NAMA’s position. All of the responses that came were endorsed by the board. I did not feel that was the way to go. If I was to engage with board members, I would have wanted to put a series of questions to them. We were into a whole other process then about structuring that and minuting and capturing the meaning. I really did not want to have another area where we were disputing what had been said.