Mr. Gerry Quinn:

We need to take the context in which the circumstances arose. The bank grew in an unprecedented fashion following the crisis. It grew from having approximately 1,000 employees in 2009 to approximately 1,600 people at present. On average over the course of the past six years we recruited approximately 120 people per year so we have had significant growth in the organisation. In this context it is not surprising that certain cases arose regarding employment issues. Not every employment and recruitment measure taken is as effective as one would like it to be. As the Secretary General indicated earlier, sometimes employment relationships can break down. We sought to address these at the earliest possible time. We have dealt with a number of historical issues that existed at the time and we have put in place and adopted the full best practice framework outlined by the Comptroller and Auditor General.