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

Okay. You were a member, as you indicated to the Chairman, of the supervisory board of Anglo Irish Bank Austria. The sale of this bank in December 2008 reduced Anglo's deposit base by around €600 million at a time when the bank's overall liquidity position was coming under pressure, so can you explain why did Anglo agree to sell this subsidiary at this juncture despite the resulting loss in deposits which the bank was needing?