Mr. Eamonn Brennan:

There were many questions and I do not want to appear to be trying to dodge them. I fully agree with Deputy McHugh that, from the payment of funds of this company in recent months, it appears it was trading while insolvent. That should probably go to the Director of Corporate Enforcement. Like the Deputy, I cannot understand it.

It would take me a few minutes to go through the issues in terms of the checks we carried out, but I would be willing to provide them to the Deputy afterwards if he wishes. All the internal checks we carry out relate mainly to the safety of the aircraft, the provision of the aircraft, the flight manuals, the instructors, the airworthiness, the simulators, and so on. Those are the main checks we carry out and they are carried out by our professional staff of pilots and flight engineers. That is done regularly.

We would have regular contact. For instance, we conducted a standards audit in April 2012 and we found that all was in order. The director, Mr. Humphreys, was in Florida a month or so before they went out of business. The Florida staff stated that the relationship was fine. There was money owed but it was okay. They were carrying out their activities, doing their training, and so forth. The reality is that-----