Mr. John Treacy:

Financial sanctions are always the last resort and we do not like to use them. We will undergo a process. We are certainly very disappointed with the letter that we received before this meeting, which was reflected in my comment. One would not expect such a reply. I had written an important letter but the response was disappointing. If we decided to cut funding for the FAI tomorrow morning, we would have already given 50% of the funding this year and we would give the rest of the funding by August or September. There would be a little time, therefore, but if we cut funding, people would ultimately be let go, while programmes that had been invested in throughout the communities would cease to exist. That is the tricky aspect that we must balance, but we have not yet struck that balance. In general, if we intend to cut funding, we send our auditors, and if they return with verified critical issues, we enter that territory and the board decides.