The vast majority of debt that Anglo maintains is owed is strenuously disputed. However, I cannot now pay those loans which are due, following Anglo taking control of the Quinn Group of companies, which I and a loyal team spent a lifetime building.
In 2009 we increased the cash in Quinn Direct as we had in 2008. We increased the cash in it in 2010. The outstanding claims were €20m in March 2010 but Quinn Direct had more business in the U.K. than in Ireland.
If you've been running a business for 38 years, you're approaching your 66th birthday, you've never owed a man a penny or done anyone any grievance in your life, and you feel hard done-by and try to protect yourself and your family, but go to prison, well if that's the society we're living in, I'm happy to accept that.