Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Thank you very much Chair. You are very welcome Mr. Duffy and thank you for your engagement. Just if I can pick you up on a question asked earlier on about I think by Deputy Doherty and the Chair as well. When you joined the bank in late 2011 you said you didn't initiate any review or any internal inquiry as to what happened in AIB and how it came to the fate that it met. Can you say why ... why would the board not have considered doing its own inquiry as to why a once traditionally conservative bank ended up having to be bailed out by the State with a bill of €20 billion?