Mr. Barry O'Brien:

Mr. Cregan has advised the director general of the following:

At this stage, it is necessary for the CRC to satisfy itself that the payments made/benefits conferred are reasonable and proper (in the context of its Memorandum of Association) and that any amounts paid were correctly calculated and authorised. In the event of there being a loss to the CRC (or the Friends and Supporters of the CRC), steps will be required to be taken to make good that loss and deal with other consequential issues.