Mr. David Hall:

I think it is a great question. Going back to the earlier points made by Senator Conway-Walsh and Deputy Michael McGrath, the committee cannot get the funds in here to put those questions to them because they are the key questions. I think Senator Kieran O'Donnell is right. Again, I do not like using anecdotal examples but in respect of engaging with some of the funds, one can turn up at the meeting to find two of the funds present. I was at a meeting recently where two funds were present where one fund owned the loan but the other one was a co-borrower.

The Senator is correct. However, I do not have any hard evidence; it is another classic example of a question that is very difficult to answer.