Mr. Patrick Long:

The reason I am not angry is two-fold. It is our clients' prerogative as to what they tell us or do not tell us. That is always the case. The Deputy may feel that NAMA should have told us this information.

I guess my response would be that it is up to NAMA. I have acknowledged that our advice would have been different had we been aware of those precise circumstances.

The second point I would make in response - the other reason I am not angry - is that we gave the best advice that we could in the knowledge that we had at the time. That has been our consistent approach throughout the process.