Ms Josephine Feehily:

To explain, we had identified the risks. Every year we pick a handful of new risks and we test them by projects. This project had been listed for working on at the same time, if not before, the Comptroller and Auditor General's exercise was going on. It seemed sensible, therefore, to include it. We identified the import risk and what we were doing was testing, with these data, the risk at case level with the objective of learning from that, as the Comptroller and Auditor General has recommended. We are working on ways to automate some of those risks in order that we do not expose the Exchequer on an ongoing basis to the same risks. The other output from the Waterford project has been the drawing up of a new manual for case workers on how to handle these particular kinds of cases. There is learning and money coming from that project and that is the way we tend to try to work.

There are two really big cases in there so it would be absolutely unrepresentative to extrapolate from those to the rest of the country. However, I need to go back to the point the Deputy made about the €200 million because apart from the fact that one is exports and the other is imports, the Waterford project related to goods while the €200 million related to services-----