Mr. Jim Nugent:

I have never come across that statement. We have approximately €14 million under management and the money is earmarked for the projects the Central Remedial Clinic wants to complete. We are in very advanced negotiations and discussions with the HSE on a major day centre and local service area in north county Dublin and the same for Clontarf. There are old buildings which are past their sell-by date and we are looking to build a new school and clinic. The vast bulk of the money is set aside for this purpose. Approximately €1.5 million or €2 million is kept aside for emergencies such that if something goes awry in a period of economic downturn such as this, we have some money to help people.