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

Can you explain how that your loan book in your period ... you were CEO of the Irish division from 2002 to 2009, correct? Your loan book went up from about €76 billion, from 18% in terms of property of the overall loan book, to 37%; it more than doubled and ... which was €49 billion at the time. And, of that, €22 billion of that was land and development and €17 billion of the €22 billion was based in the Republic of Ireland. So, it meant 77% of land and development of €22 billion was based in Ireland. Why did the alarm bells not go off, and tell me how did you have a credit risk system within the bank that allowed that situation to develop?