Mr. Francis O'Donnell:

I did not have sight of the resignation letters. They went directly to the Minister, Deputy Ryan. With any board and any executive, there is a waxing and waning. It should never get too comfortable. It is important that, as an executive, we are challenged but equally as an executive, we should not be afraid to ask questions or raise issues on matters of concern. It is a very healthy environment to be in. I can only speak about my own relationship with board members in IFI. I felt I had a very professional and good working relationship with board members. They may not necessarily have the same opinion but I cannot speak to that. That is my view.