Ms Ann Nolan:

I would like to make a few points. First, we do not see the minutes of meetings. This was all covered this morning when I know the Deputy was at the Select Committee on Finance, Public Expenditure and Reform and the Taoiseach dealing with the Finance Bill 2016. We would not have seen any of this stuff on a day to day basis because it was outside our remit.

The section 227 report deals with broad strategic issues such as whether NAMA is reaching its objectives and whether it is paying back the debt to the taxpayer. Individual examination is a matter, in the first instance, for the Comptroller and Auditor General. That is why in terms of minute taking, etc., in spite of it coming out fighting on certain matters, NAMA will take on board the criticisms of the Comptroller and Auditor General and will ensure things are done better in the future. No doubt the Minister will ask it whether it has done so.