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

It'll be come up on your screen and I'll reference it anyway. It's the PAC report in July 2012 on the crisis into the domestic banking sector, and it noted, this is the quote, it says:

Anglo had poor governance structures and procedures and risk controls during its period of high growth. Weaknesses in these areas were identified by auditors and regulators in 2003, 2006 and 2008.

It goes on to say, "Management showed a lack of awareness of risk and focused their attention on business growth." Mr. Drury, how do you reconcile these comments with the positive statements on governance structure of the bank contained in the corporate governance statement each year, in the bank's annuals, annual report?