John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Thank you Chairman. You caught me a bit by surprise there. I thought there was somebody before me.

Can I ask actually at the start ... Mr. McDonnell ... I think you referenced shareholders in several of your answers and, indeed, in your opening comments. And you said that the responsibility of an auditor is primarily to the shareholders to ensure that the accounts of the company being audited are correct. In light of the fact that in Bank of Ireland, so many of those shareholders have virtually lost everything, do you believe you fulfilled your duty completely to those shareholders in the carrying out of the audit of Bank of Ireland?