Ms Josephine Feehily:

The nature of the way the accounts were structured - memorandum accounts without names and so on - was well known by then. It was set out, in general terms, in the High Court inspectors' report in any event.

What I am saying is that when we received additional information from the authorised officer, by then we had full and complete access to quarter of a million documents from two financial institutions and two related entities, we had interviewed and received High Court orders against some employees so we had built up our own sources of information. We examined everything that the officer sent to see were there new cases. They were all followed through and there were no additional cases for the Ansbacher project that we had not already identified.