Pearse Doherty (Donegal South West, Sinn Fein)
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In a parliamentary question reply and again today, NAMA has indicated that the information which was disseminated would not do commercial damage to NAMA. Mr. Daly has spoken about that at length. The last time Mr. Daly was before the committee he addressed the issue of greater transparency and how the public generally wants to know the value at which these loans were bought and are sold. He said:

Greater transparency would mean that we would have to reveal our hand to the very people that we are in negotiations with, potential purchases of NAMA loans and underlying property. This would be commercially foolhardy. It would be like showing one's hand to an opposing player in a card game.

Does Mr. Daly still dispute the fact that Mr. Farrell's action has left NAMA potentially exposed and naked, with regard to its dealings with investors, given that it cannot categorically rule out that the information did not get out through other means or that any employee in NAMA was not communicating sensitive information by other means, orally, for a period?