Michael McGrath (Cork South Central, Fianna Fail)
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My final question concerns the mortgage tracker examination. The total figure remains at just under 2,000 mortgage accounts. There has been no change in material terms since the witnesses' last visit and the last update. Regarding the cost to the bank to date, €60 million has been paid out in redress and compensation. Is that correct? Mr. Masding might add in the administrative cost to the bank of running the tracker mortgage unit. It was stated in the questionnaire that has more or less been wound down now. What has been the total cost to the bank? I assume these figures relate only to the current examination and not to the earlier one in 2010 or 2011 when the bank was also involved.