Mr. Brendan McDonagh:

We have had complaints about receivers about a number of things. We always fully investigate them. We have not come across a position yet where we found the receiver had not fulfilled his legal responsibilities. The legal responsibility here is very important because the receiver has a legal obligation. He steps into the shoes of the debtor and he has to get the maximum value for the asset. If he does not get the maximum value for the asset or lets the asset run down, he is personally liable.