Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

FBD said it was a voluntary closure. It said it was not a forced closure by the State. Let me get on to the substantial point. The test cases have happened and FBD has lost the cases. It argued in court and it lost the cases and we have to find out the quantum. I engaged with the Central Bank because there was huge anxiety in regard to test cases in terms of the costs and what would happen. The Central Bank had issued a very clear statement in terms of reasonable cost being covered. Now, FBD is arguing in regard to that. I note Mr. O'Midheach’s language in regard to reasonable cost. Is it not the reality that what he believes is reasonable and what the actual legal costs are in some of these cases could be a difference of €1 million?