Professor Willie Donnelly:

The chairman of the governing body asked me. I said that I was not a director. On that evening, I had to check it because I was worried. I checked it and saw that I was a director. I rang the chairman of the governing body to say that I was very sorry and a bit distressed about it. I then contacted Deputy Cullinane to ask how to do it. I then asked the financial controller to carry out a complete review of everything around the negotiations relating to FeedHenry - such as the sale - in order to provide a report to the governing body so that it could satisfy itself that everything was carried out correctly by the institute.