Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Can I just ... can I direct you to this ... direct you to page 46 and it says, and this is the direction order, it says:

The publication of the Bloomberg story has generated, or has the potential to generate significant rumour, controversy and doubt in the market and the public mind as to the financial stability and solvency of IBRC.

There is a significant risk that such rumour, controversy and doubt to the financial stability and solvency or IBRC may in turn lead to an uncontrolled withdrawal of credit and deposits from IBRC.

Now ... and it's ... can I just finish here, the story broke on Bloomberg and this is why the direction order was issued to do that. And there's other documentation to suggest that this was not planned ... to the Department of Finance schedule in terms of liquidating IBRC. And as somebody who was there on the night, and you briefed us at about 11.30 and we had the legislation in the Dáil on the famous prom night ... the public are under the view that this wasn't a planned event at that time by IBRC, that ye were caught off guard as a result of a leak that made its way into the media.