Mr. Brendan McDonagh:

I was contacted by Minister Lenihan on 5 May 2009 and he advised me that he had consulted, as far as I recall, with the Government or the Taoiseach, and asked me would I take on the role as interim managing director of NAMA to get ... start working on putting the NAMA model together, work with the Department of Finance and Attorney General in terms of preparing the legislation and that was how I was asked to do the role. I had no warning or no forewarning or any indication before that.