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

He probably did not need it as he was advising seven debtors who represented 50% of the portfolio. I suggest he did not necessarily have to come to the board's meeting to have extensive debtor information.

The meeting then heard that the payment to Mr. Cushnahan was a significant issue, of which Mr. Soffe made great play. However, at no stage in any of the documentation is it reflected that the board resolved to tell PIMCO that all bets were off and say "cheerio". As we heard in an earlier exchange, the papers tell a very different story.