John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Thank you, Chair. Mr. Duffy, welcome. Following on from the discussion before we broke with the Chairman, I want to raise the issue of solicitors undertakings. It was raised with Mr. Gleeson and Mr. Forde last week. I want to, I suppose, try and get a handle on how many of these outstanding matters in relation to loans that were entered into prior to your time in AIB, still remain on the books. Has there been significant losses incurred because of difficulties surrounding loans involving these undertakings and in your 30 years' experience - almost - banking, is it or is it not unusual that seven years after the banking difficulties first emerged that such cases would still be outstanding at this juncture?