Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Well, you might have seen the exchange I had with Mr. Fingleton earlier on and the published statement by the Central Bank in July went through the seven different headings where breaches were identified, including the initial loan application stage, loan approval, taking of security, the role of the credit committee, and it goes on to say these breaches, admitted by INBS, are underpinned by evidence of more than 1,000 alleged instances of INBS breaching its own policies and procedures relating to commercial lending and credit risk management. How do you respond to that?