Josepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source

I thank Mr. Collison for his - I was going to say evidence but we are not a court - assertions today and for his opening statement which we all received this morning.

I will preface my comments by pointing out that anything I say is based on my own reading of what has been presented to the committee. To me, bearing in mind the Comptroller and Auditor General's report, there seems to be a scrambling to retrospectively correct or present certain information in a certain way. That is my reading of it. There were a lot of references to due diligence and best practice in the opening statement but this is the first time we have heard talk from NAMA of those issues. There is a concerted effort on the part of NAMA to provide clarification around the valuations, the sales process, the governance and all of the issues that we have discussed to date.

I am sure Mr. Collison has looked at the assertions made by Mr. Daly at this committee. I ask him to clarify a number of remarks made by the chairman of NAMA. When I asked Mr. Daly if he accepted that there was any wrongdoing on the part of NAMA, he said that if he had the opportunity to do it again, there would be some "tweaking". What does Mr. Collison think he meant when he said that?