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

-----the internal audit department makes that as a significant weakness. The Deloitte ... in the Deloitte report they have ... on page 74 they talk about a loan amount of ... a loan amount was increased by £10 million sterling from £71 million to £81 million with the approval of the manage ... managing director, with only an accompanying memo stating that the £10,125,000 of VAT moneys will repay ... be repaid within three months. It goes on to say it's in breach of the commercial lending policy "as the increased approval can only be given by the Credit Committee" and it says "in this case only the Managing Director [which was you] agreed to the increase".