Mr. John Mulcahy:

The members of any board or committee, such as this one, will arrive at an agreed decision, but not all for the same reasons. My view as to what I saw as being the problems in Northern Ireland may not be the same as the view of other board members. I would certainly have regard to all of the pressures the Deputy mentioned, but I was also concerned about, for example, the fact that we had a large proportion of Northern Ireland. I also regarded Northern Ireland as having all sorts of other risks. Something could go wrong on the security front and Northern Ireland could become an unattractive place. It is not on anyone's radar for investment in the property world. Global investors do not seem to think about Northern Ireland as a-----