Catherine Connolly (Galway West, Independent) | Oireachtas source

Let me finish. They did not deal with it in their ten page submission. They did not deal with the fact that there was a strategic change of plan, and all the Comptroller and Auditor General is saying is that he did not see the justification for that change in plan laid out in the documents he examined. Indeed, the witnesses have attempted to conflate and confuse. I will read what the Comptroller and Auditor stated:

NAMA has outlined the strategic and commercial rationale underpinning the decision to sell the [Northern Ireland] loan portfolio. The report draws no conclusion about the merits of that decision.

That is on page 11. He does not comment on that whatsoever. He comments on the process, and his concerns about the process. The strategic change of plan-----