Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

That is a hypothesis also but we might come back to that. Mr. Daly would accept a change in asset disposal strategy and a change in terms of the sales process. If I have time I will come back to the sales process but I might suggest that the most bespoke element of all this is the issue of conflicts of interest. Mr. Daly's contention, which he has repeated time and again, is that he managed these conflicts of interest. He was aware, and he has made this plain, that Mr. Cushnahan had a relationship with seven debtors, accounting for in excess of 50% of the value of Project Eagle. In previous conversations with Mr. Daly, I have established that he knew about his relationship with Tughans and so on. The question that arises in the report is when the ultimate conflict of interest emerged, when Mr. Daly discovered that Mr. Cushnahan was in line to receive a fixer's fee and what he did or did not do in that regard. By any objective standard, when the test was set for Mr. Daly around that issue of conflict of interest, the report reflects very badly on him and on NAMA.