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

The minutes of 7 September report Mr. Doherty as saying: "The funding profile of the institution [which is Nationwide we now know] was weak, and it was unlikely to be able to refinance funding that was maturing periodically over the ensuing year, commencing in December 2008." It goes on to say, "The quality of loans was suspect and could require write-downs ranging from a benign 13% estimated by the FR [Financial Regulator], to 30%/50% estimated by Bank of Ireland, which had previously conducted a due diligence review on the institution." End of quote. Can I ask you, Mr. Gleeson, what was the request made of AIB by the Financial Regulator in relation to Nationwide in these minutes?