Ms Imelda Hurley:

If I can stand back for a moment, the reality of coming into the committee on 13 December was that we did everything possible to try to have the fund finalised, such that we would have been in a position to speak openly in terms of the Irish Strategic Forestry Fund. Unfortunately, we found ourselves in a position where the fund was not finalised. We were at a very advanced stage, and we shared as much information as we could on that day. There were third parties involved: the Ireland Strategic Investment Fund, and indeed Gresham House - a listed entity, with all of the regulation that goes around that. We were not in a position to speak about it.