Mr. Michael Murnane:

The staff were consistently informed through the trustee. It is my information that the trustee was engaging with the IGB to see if funds could be found to try to address the significant liability

Not to repeat ourselves, during 2012, 2013, 2014, there was a situation with the horse and greyhound fund. It was consistently in decline. The income from racing activities was also weak and spare resources were not available to address the scheme. The scheme was in such decline that it was not a case of a chip around the corners, but it needed some serious surgery to try to address the liability.