David Cullinane (Waterford, Sinn Fein)
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It is very relevant, given that Mr. Cushnahan was a member of the NIAC in April 2013. He was working with Mr. Coulter and Brown Rudnick. PIMCO did not approach them; they approached PIMCO. After that, PIMCO approached NAMA and said it wanted a short and exclusive sales process. PIMCO went on to say the three parties then requested £15 million for the information they brought to PIMCO. It is very relevant. Mr. Mulcahy's view before he came into this room was that PIMCO had approached NAMA. In fact, it goes back earlier. The clock started ticking in April when these individuals approached PIMCO.