Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

I will conclude my questions. I am about to go over time and the Chairman will cut me off. What I am getting from Ms Sweeney is that the SBCI did not carry out an aged debt analysis. That is a very specific term in its business. Unfortunately, my position is that the SBCI was not set up for this purpose. It is bailing out Sir John Bibby and his shipping company. An aged debt analysis was not carried out in respect of that company. What is more, I would question the solvency of Bibby and the fact that the SBCI promoted it and supported it to the tune of €60 million it has drawn down from an approved sum of €70 million. In basic, ordinary day-to-day terms for politicians who vote on legislation to set up things like SBCI, that funding is to support employment and it equates to approximately €2.5 million per job.