Dr. Michael Somers:

Well, my concern was that we were entrusted with these funds and our overriding concern was that under no circumstances could those funds be lost or could they be put at risk. I think Brendan McDonagh mentioned there about August 2007 that he called me. I got a phone call then, either from the Department of Finance or the Central Bank. I think it was the Department of Finance complaining that we, as deposits matured, we were taking them off the ... away from the banks and putting them into the Central Bank and we were causing problems. So I rang back, I think it was to Oliver Whelan and said, ''I am getting these complaints, what's the scene?'' because I was on holidays at the time and I wasn't completely up to speed with what was happening. So he said to me, ''Look, there is general unease about what's going on'', and he said, ''Well, but as the deposits mature'', he said, ''in accordance with your views, we are taking them off and putting them in the Central Bank''. And I said, ''Well, continue to do so.'' And I think I rang back the Department of Finance and said, ''I have told the boy ... I'm not going on with what you want, I have told the boys to continue doing it ... taking it off and putting it into the Central Bank'', that we are not taking any risks. And I think it was Brendan McDonagh who said to you that the pressure then continued on us at every meeting that we went to, we seemed to be the ... we were only asked along because I think we had the money and they wanted us to part with-----