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

Can I ask, Mr. Purcell ... this issue of demutualisation has come up several times today and the expected change in the legislation and this seemed to be the whole strategy really for INBS was to prepare it for demutualisation and a trade sale but, financially, what would that have meant for executives and for directors of INBS? Were there bonus arrangements in place in the event of it happening or was it members were going to benefit? How ... what would the financial implications have been?