Mr. Darragh O'Loughlin:

No. The Jockeys Emergency Fund did not suffer nor did any beneficiary of the Jockeys Emergency Fund suffer the loss of the money for the period. In saying that, I am not suggesting for a moment that it was appropriate or okay that it happened. It is a reassurance that the charity did not miss the money to extent of any beneficiary suffering any ill effects. The charity carried on as normal.