Seán Fleming (Laois, Fianna Fail) | Oireachtas source

I would not expect Mr. Daly to give him credit for it, but he can see there is an actual connection, strange as it is, between Mr. Cushnahan's initial involvement and the think being offered ultimately for sale. I will move on from that.

Page 158 of the Comptroller and Auditor General's report refers to the famous phone calls. I will not get into these phone calls. I want to pick out one aspect. In the last sentence of the second paragraph referring to a call on 11 March it states, "At this point, it was also noted that one third of the fee was in fact payable to a named individual at Tughans". Page 118 contains an extract from NAMA's board minutes of 13 March, two days later. We have looked at this before, but I am picking out a particular aspect. It refers to "a potential payment of £16 million split equally three ways between Brown Rudnick Solicitors (London), Managing Partner, Tughans Solicitors (Belfast) and Frank Cushnahan". Here are two references to NAMA knowing the money was not due for Tughans, it was due, according to the phone call, to a named individual and the NAMA minutes recorded that it was specifically to the managing partner. Is that correct? Therefore, NAMA was aware that two thirds of the payments were to actual individuals.