Mr. Michael Torpey:

The implication of ... of what ... of what is in here, is that some of the conditions attaching to the ... to the ... issuing of a mortgage may or may not have been met prior to draw down. I think, Deputy, that's somewhat different to ... any implication that they would be offered ... that there would've been mortgages going out on preferential terms. I think, as I read it here, Deputy, and again I'm talking from a general knowledge rather than a detailed knowledge of the Dublin Mortgage Centre, it seems to me that we're looking here at ... at ... at a serious deficiency in process where the various items that had to be delivered prior to draw down weren't necessarily ... or at least there wasn't evidence that they had been delivered prior to drawdown. That is a weakness, not an acceptable weakness, and management will have taken that very seriously and I have sufficient recollection to know that, as I have said, that ... that a senior resource from the RBS Group was brought in to quickly and thoroughly remediate these weaknesses.