Mr. Brendan McDonagh:

The only person known to NAMA was this individual who signed the letter on behalf of Brown Rudnick called Mr. Tuvi Keinan. He worked for Morgan Stanley and what he said in his letter is true in that he dealt with us with one of our first loan sales back in 2012 with Morgan Stanley. It is not unusual for people passing through different professional organisations to make out that they are more involved with NAMA than they are. We get this the whole time, as they are trying to sell a product or service.