Mr. Brendan Gleeson:

No, I do not think so. In terms of my own function, I am accountable for this expenditure. There is a particular risk with these EU funds because they have a system of flat rate disallowances. For example, if the EU concluded that we were operating not in accordance with the rules, a 2%, 5% or 10% correction could be applied right across the entire fund. In theory, you could come up with a 10% correction that exceeded €100 million. We have avoided that. Our net contributor status does not affect the governance of this. It does not affect the systems in the Department or my concern about the very high risk here because there is a high risk.