Mr. Brendan McDonagh:

I do not accept that they played us. I am angry and I was very unhappy at the fact that they were not upfront with us and told us that one of their colleagues was not a NAMA debtor, and to to pick up this point, was being asked by Clairvue to become a director of this Luxembourg entity which bought the portfolio. It would, as I said before to one of the Deputy Carthy’s colleagues, be morally better to me if they had been upfront with us. There was nothing we could have done about it.