Dr. Seán Brady:

I will take the first part of the question. Perhaps our director, Mr. Pat Creed, will take the second part. Certainly, I am an outsider with 30 years of management experience. On my eighth day in the job I went to the head office of AIB and met the people from AIB. On the way out of that meeting, they informed me that if the IGB did not sell the site, the bank would.

That informed our approach, or at least my approach, given the level of debt. The organisation was skin and bones thanks to that straitjacket of debt. That informed my decision on the eighth day of my working for the organisation. Mr. Creed will deal with the second part of the Deputy's question.