Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Okay. Mr. Cregan referred to there being proper financial systems, but there appears to have been a major absence of documentation in respect of inter-company transfers. Mr. Goulding can correct me if I am wrong but, under the original structure, the CRC held the shares in the Care Trust before they were transferred to the Friends and Supporters of the Central Remedial Clinic.

CRC Medical Devices, which was originally held by CRC, also subsequently transferred to the Friends and Supporters of the Central Remedial Clinic. Given the transfer by the Friends and Supporters of the Central Remedial Clinic of approximately €1.4 million in respect of a settlement package for Mr. Kiely, does Mr. Cregan still stand over that there are proper financial systems in place?