Brian Lenihan Jnr (Dublin West, Fianna Fail)

I thank the Leas-Cheann Comhairle. In a sense, Mazars has been superseded by the appointment of Mr. John Trethowan and the focus of the discussion was on Mazars. He is now engaged in his work and will be in a position to advise me on drawing up the type of regulation to which Deputy Bruton referred.

On the rolling over of arrangements and guarantees, I made it very clear in my statement on banking before Easter that the €3 billion is expected to relate predominantly to working capital and it is not excluded. It is not a matter of new lending. One of the difficulties has been that the banks have suggested, as Mazars has identified, that they are willing to give new lending. One of the core difficulties has been working capital, as the Deputy has consistently identified, and Mr. Trethowan is well aware of that.

I apologise to Deputy Morgan; the question is in the name of Deputy Ferris. What was the question?

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