Mr. Des Carville:

May I respond very quickly? We at the Department are hugely frustrated that we cannot talk about this. We did not instigate the litigation. The first we knew of it was when we read about it in The Sunday Business Post on Sunday. We heard something on Friday but we had not received anything formally. We caught up with the paperwork on Monday. We were frantically busy on Monday, Tuesday and Wednesday. First we had to receive the paperwork to understand the contents of the litigation. The committee has seen the plenary summons we received. It is a start. We do not know where this is going to go. We have not received the statement of claim. That will come in a few weeks' time. Putting in our appearances through the Office of the Chief State Solicitor is our next step. I do not know where this is going to go. We have a very good story to tell. I understand the questions the Deputy is asking and the concerns he has in respect of the costs of special liquidation. We absolutely share those concerns. This is a huge amount of money. That is why we published one of four reports back in 2014. That was my idea when I started in the Department in 2014. The Deputy is asking all the right questions and we have answers for them, it is just unfortunate that I cannot share those answers with the committee today.