Joe Higgins (Dublin West, Socialist Party)
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Yes, Mr. Grimes, evidence before the committee would say that there was a three-person team in the regulator's office responsible for Bank of Ireland and Anglo Irish Banks together and another three-person team responsible for Allied Irish Banks and IL and P. Considering that the auditors of those banks told us that, in one case, there was up to 200 staff working on the audit of Allied Irish Banks, was that, or not, just a question of a shortage of resources, or was it a pathetic inadequacy of resources?