Mr. Gerry Fitzpatrick:

The concern I had was to make sure that that risk was properly disclosed in the financial statements, the level of lending. In terms of concern that I would have it as a product, it wasn't something that I was examining in terms of a sense of its significance as a product. I recall, and certainly I think reference was given to its level of significance to the balance sheet, I think it was 4% of all mortgages. This was a €61 billion balance sheet, so the 100% was a significant ... was a factor, and needing to understand how it was provisioned and what control processes were gone through, and certainly, I think as referred to, as Senator O'Keeffe's, the way we were talking about Dublin Mortgage Centre, how those systems were ... had some flaws in them, that was a concern I had. But as a product, the question was, as an auditor, is to make sure that loans, as they are provisioned and underwritten, they're properly reflected in the financial statements and properly categorised.