Mr. Declan Reid:

I do not want to speak for the Comptroller and Auditor General in any way so please correct me if this is not accurate. My understanding is that there was difficulty in assessing how the NAMA board moved from the materials presented to it at the board meeting to its decision to set a reserve price for the portfolio. We thought an understanding of how it moved from that position through deliberation to a decision of the board would have been aided by a discussion with the board members to understand those deliberations, which were fairly not captured in the materials available to the Comptroller and Auditor General.