Seán Fleming (Laois, Fianna Fail)
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We will ensure that there is a nice photograph of the delegation in the report.

We are moving on to correspondence category C. A letter has been received from Deputy Wallace with a further query regarding Project Nantes. We forwarded correspondence received from NAMA to Deputy Wallace and he has reverted with queries. We decided last week to request further details from NAMA and we will include these queries in our request. This is about section 172, which the Deputy says should deal with associated directors of the company. Essentially, he is saying that NAMA's response to us was not broad enough and was too tight. The section requires no debtor involvement, but Deputy Wallace is saying that directors of the purchasing company were associated with the debtor. He believed that the situation should have come under the section 172 declaration. We will forward Deputy Wallace's correspondence to NAMA and ask for specific clarification on the matter.