Mr. Liam Kelleher:

I said in our opening statement that we really didn't have any involvement and never had any involvement with the financial affairs of individual members. And I'd have to stress, they wouldn't have wanted us to. They wouldn't have seen that as a role for a federation, if they were a member of it. And I really believe that, and I believe that would be true of the IBECs or any other business organisation. Member firms regard their financial activities as ... as theirs and not their federation's.