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

In his written statement, Professor Walsh stated:

By 2009, it was apparent that the capital 'cushions' available to Irish banks were entirely inadequate. Some financial institutions had liabilities that exceeded their assets (i.e. they were insolvent or had negative capital).

In terms of the audit reports that were issued between 2003 and 2007, were there any qualified opinions in any audit of the banks?