Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

What he said was that the board was disposed to continue with the sales process because there was sufficient "competitive tension", which I think was the expression used, in the market, but the board was taking the advice of its financial advisers and that it would make a decision when it had that. That was the position as outlined to me. I am not saying that is what Mr. Daly said, but that was the sense of what he said. If the Deputy considers the timeline as well, he will see it was on 13 March, the same day I was heading for Toronto to represent the country in Canada for the St. Patrick's Day events. I got the report and I established that in parallel or shortly afterwards the officials in my Department got exactly the same report, so when I came back, we began to deal with it.