Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I will finish on this. The other issue is on the former CEO of Anglo Irish Bank, Mr. Mike Aynsley, IBRC. He is a joint defendant in regard to the racketeering cases going on in New York. I understand the liquidators have provided a statement saying Mr. Mike Aynsley may well look to the bank for his costs. He is still a company director at the Companies Registration Office in Ireland and may look to the bank to cover his costs. Why is he not being taken off as a former director if there is an exposure to IRBC and liquidation of the legal costs of the former CEO? Will the liquidators reassure the committee that no deal was done with the former CEO where he withdrew legal action against IBRC and liquidation for the fact that the notice period of one year was not paid out to him when his appointment was quashed when IBRC went into liquidation?