Noel Rock (Dublin North West, Fine Gael) | Oireachtas source

One point the Comptroller and Auditor General has made seems to me to be of substance. I refer to the critical board minutes of December 2013 or January 2014 which state a bottom line of £1.3 billion. There seems to be no great analysis of how NAMA reached that figure. The Comptroller and Auditor General also made the point that the NAMA executives were not really red-line recommending this at that time. Do the witnesses believe that the documents backing the valuation were adequate? Are there any which we have not seen at this time? I address my two questions to Mr. Collison.