Mr. Paul Dobey:

We were ... we looked at the group large exposure policy and the group large exposure policy was such that, if limits were breached ... sanctioning limits were breached at one level within the organisation, they kept getting elevated up through the process. And the reason why those limits exist is when the exposures get larger, you want to make sure that there's a fair amount of distance between the lender ... the lending ... the relationship person and the borrower. So there's a process of going through approvals. This would've come through the AIB ROI credit committee and it, ultimately, came to the board. I believe this document is a summary that went to the chairman's committee and there was a very large document that supported this, that analysed it in very great detail that went to the chairman and would've been considered by the group credit committee. So there was a process by which AIB considered this loan. It elevated it up through those processes and, ultimately, it was approved by the board. So when I mentioned in my opening statement AIB board set the strategy, their strategy was, in relation to this lender, to advance more on the basis of what they thought was a very good LTV position or they believed it was a very good LTV-----