Catherine Connolly (Galway West, Independent)
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I will leave that question for a moment. Mr. Collins answered "No" and I will come back to that answer.

The IMI was in trouble in any event and we also have University College Cork. Let me get this clear because I looked over Deputy Cullinane's very careful questioning. The entity known as the Irish Management Institute had nothing to do with University College Cork except that it had been working in collaboration with UCC over the years providing joint courses and accreditation. UCC made a decision to acquire or take over the IMI and did so at no cost. Is that correct?