John Brady (Wicklow, Sinn Fein)

I have a number of questions. Like the previous speakers, I welcome and thank Mr. Doherty for engaging with the committee, coming in before it and providing it with what can only be described as a comprehensive briefing prior to our engagement here. I also thank Mr. Doherty for the work he has done in the organisation under difficult circumstances.

To pick up on a number of points that have been raised previously, in relation to the €8 million loan application Mr. Doherty became aware of that was made by the previous CEO, Mr. Doherty made a suggestion that it was made one and a half hours before he was due to step down. What happened with that loan application subsequent to Mr. Doherty's appointment as CEO? Was that application withdrawn, rejected or what ultimately became of that?