Professor Patrick Honohan:

We are giving the time for this thing to mature so we will know exactly what we ought to do in the 2014 accounts. We will keep the pressure on all the time.

On the question of why this was not examined in the past, one must note all the people at the top have gone, more or less. There are one or two notable exceptions. The shareholders are gone; they were wiped out, so the new shareholders are new people. Irish taxpayers-----