Seán Fleming (Laois, Fianna Fail) | Oireachtas source

That is all I am saying. I have just been listening to the two of them this morning. I did not have any prior knowledge of this.

Perhaps I will ask Mr. Creed the second question. It is about the bank. The witnesses have confirmed that the bank has not offered any write-down on the debt but did IGB raise, or will it raise, the question of a write-down? IGB owes a bank a lot of money. This debt goes back and has been building up over a decade. If IGB is coming in with an ability perhaps to clear the decks, I would expect the board to expect some element of write-down. While one has not been offered, does IGB expect it will look for one?