Mr. John Corrigan:

I ... I have difficulty actually recalling the operational risks. But some of the ... some of the issues involved ... I looked back on papers which were given to me by the agency ... but, for example, and this surprised me when I looked back on it, in the case of the transfer of the deposits to Irish Life and Permanent, there were, for example, TUPE implications involved in that. So the thing was wider than just a simple financial transaction and again, I think, over 200 employees went to Irish Life and Permanent as a result of the transaction. So it was quite ... there were quite a number of strands to the transactions but, in the end, it was successfully executed on. There were ... it was an open tender. I think there were five bidders for one set of books and three bidders for the other.

But it wasn't something ... a process, to be frank with you, Deputy, that I was directly involved in. We would have left it to the banking team.