Mr. John Treacy:

As I stated, there are two pieces to it. Every year the auditors of the FAI give us a letter confirming that moneys from the Exchequer were expended for the purposes for which they had been given. As I stated, we have used three auditors to audit the FAI, all of which have reported that the money we gave to the FAI was expended for the purposes for which it had been given. We are satisfied with the audits we have undertaken and their findings. We are also satisfied that the investment made by the Government in the FAI is good value for money and that we get a very good return. We have also verified that our terms and conditions of funding are met. We are asking the FAI about the terms and conditions and the circumstances surrounding the loan. We have acted when there is an issue and are acting now. We are satisfied about what happened previously. As I stated, we will be auditing the FAI in 2019.