Shane Cassells (Meath West, Fianna Fail) | Oireachtas source

In a note, Tom Rice, the European legal counsel at PIMCO, stated it did not want to continue in a process with any degree of impropriety for PIMCO or NAMA and that PIMCO was willing to withdraw completely. At this point, Ronnie Hanna asked whether PIMCO had considered other options and when Tom Rice asked to which options he was referring, Ronnie Hanna asked if it could be shaped differently for the arrangement fee to come out. Why was that asked, given that NAMA had been categorical on the subject earlier?