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

Okay. So we see that Ulster Bank Ireland had transferred €4.5 billion of Republic of Ireland property risk to a different company to stay within property sector limits set by the Financial Regulator. Were you aware of the fact that €4.5 billion had been shifted, in essence, to get around any breach of the regulatory limits, and what was your view of it?