Kieran O'Donnell (Fine Gael) | Oireachtas source

Mr. Kavanagh said the "problem was the inability of EBS to provide mortgages that agents could sell". He also spoke of the non-executive directors. Who were the non-executive directors? What type of products was EBS not providing? Mr. Kavanagh also said "there were a few policy decisions taken by EBS which, in hindsight, contributed significantly to the avoidable problems that EBS and their agents faced". Will the witness tell us what those policy decisions were? Mr. Kavanagh has spoken about his own situation from his business' perspective. Perhaps he could explain how long was he a tied agent with EBS and how he built up the business. Did he operate from a town, a city or a village? Over the years - for example the period from 2002 onwards - what happened and what were the changes? He was at the coalface. People were coming in and Mr. Kavanagh's business was processing mortgage applications through EBS. I was in practice at the time and we had a lot of people who came to us through a person they knew, such as auctioneers in the towns and so on. Will Mr. Kavanagh give the committee his personal perspective on looking through the prism of those years?