Mr. Michael McGrath:

As Mr. Hogan said, the settlement sum is €54 million, as has been reported in the court documents we have seen in relation to this separate issue that is now before the courts. In addition to that, a sum of €29 million in relation to the advanced security of costs has also been remitted back to the ICF. If you add those two figures, the ICF will benefit by that amount, which is €83 million. That figure will form part of the 2022 accounts to which the governor earlier referred. He is working to ensure the accounts are in a position for the Comptroller and Auditor General to audit. Once they are audited, the Minister for Finance will lay the report before the Oireachtas. We anticipate that will be done in the autumn. All along, we assumed that when the figures were correctly audited, that that sum of money would have been part of the audit and would be here before the Houses.

Separate from that is the issue around actual costs. This case that the joint administrator took commenced in 2012. There has been a long series of costs associated with that case over the years in terms of running a court case for a decade in relation to various aspects of it. The figure of €54 million is a gross figure. I understand there were significant costs related to the running of the case. That is probably-----