Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Okay, thank you. If we could turn then to B2, Vol. 1, page 28. This is a letter from the Financial Regulator from March 2008. On page 28 ... at the bottom of page 28 they highlight that, "inspectors noted from the minutes of the RBS Group Credit Committee held on 14 May 2007 that in relation to a €90m facility being discussed for [and it's redacted] "The relationship team said that they did not know exactly what the €70m equity release would be used for", but they were aware that [and it's redacted] had tendered for two significant projects." Is that an example of staff at a bank lending out €70 million to a customer and not knowing what it's for?