Bobby Aylward (Carlow-Kilkenny, Fianna Fail)
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I welcome the witnesses back for the second time. The RTE programme has put a different light on the evidence that was given the last time when the questions were asked.

I am going to start with UCC. I will ask some of the questions that Deputy Cullinane asked already, but I have them made out in order so I am not going to change them. I am going to stick to them. The PAC was told that the IMI was not in deficit. The financial statement for the IMI the year ending 31 December 2015 stated it was in a deficit to the tune of more than €900,000. Was UCC aware of the deadline and what way did this influence the sale price?