Mr. Declan Reid:

Over the course of the six hours we spent together, we discussed various aspects of loan sales processes. We looked at how to deal with inbound inquiries, how to create competitive tension, how to structure a single-stage sale or a multi-stage sale; all of those things. We spent six hours talking about those types of concepts, as well as the detail of the draft report. In that context, it was my view that it would have benefited from external advice.