Mr. Sorley McCaughey:

Deputy Twomey may not have been here for my earlier reference to a subsidiary of the food company, ABF, which operates out of Zambia. It used a brass plate operation in the IFSC essentially to deprive the Zambian tax authority of €88 million over the course of two years through the tax agreement between Zambia and Ireland. That is the result of two years of research by the organisation in question. Are there other brass plate companies engaged in that kind of operation? Knowing what we know what came out of the US Senate hearings and from what happened in the UK, we could make a very informed guess to say "Yes" and that there are many other operations that are just brass plate and have not come under the scrutiny that perhaps they should have.