Mr. Derek Moran:

The other transactions were not all after the fact. Some of the transactions were not concluded until the company was liquidated. In regard to the other matters highlighted in the documentation, concerns arose about the Apthorp sale on foot of communication from somebody within the company to the Department about a conflict of interest. We brought these concerns to the attention of IBRC and they were dealt with appropriately at board level. To my recollection, that disposal did not happen until after the liquidation.