Mr. John Mulcahy:

Yes, because the Comptroller actually says he makes no strategic or commercial comment but he makes an economic judgment. I fail to see what the difference is. I think that what the Comptroller and Auditor General has actually said is that he is making a commercial judgment but is just saying he is not. That is what I disagree with. If he had not used the words "a probable loss", I would have no problem with his report; if he had said "a possible loss" for instance.