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

I am sorry but we may have to agree to disagree on this point. Any objective analysis of what Mr. Daly and others have had to say does not tally with Mr. Collison's benign assessment.

In the context of record No. 4, Mr. Rice stated that they had not notified the decision to their advisers. PIMCO, at this stage, has called it and is withdrawing. It informs NAMA that it had not notified the decision to its advisers that brought the deal and was still working that through. It was sensible to have a joint view, it said, and asked how to approach the issue going forward. At that point, Ms O'Reilly, Mr. Stewart's boss, states that there were no reporting obligations for NAMA in respect of its advisers and no need to take positive action. She goes on to say the matter may evolve in the normal way and that no great question may be asked but that NAMA would not be proactive in communicating the position. Mr. Stewart was present at that conversation. Will he disentangle that for me?