andMr. G. Lynch asked the Minister for Agriculture and Fisheries if Bord Bainne has transferred any investments in the Philippines; to whom the transfer was made; and if he will make a statement on the matter.

While this is primarily a commercial matter for An Bord Bainne, I understand that the board has disposed of its investment in a milk recombining plant in the Philippines to its partners in the project and that the full amount invested has been recovered.