3 4 CHAIRMAN: Good morning, Mr. Murphy. 5 - The Tribunal of ...

7014:06:461 transaction, isn't that correct?2 A. Yes and also to ensure proper procedures were complied with.3 Q. 457 Okay. So well the procedures then would afford you the flexibility to conduct4 a Sterling transaction at one point in time to make an Irish pound lodgement to14:07:055 an account and then to record the Sterling transaction some hours later?6 A. It could be done that way, yes.7 Q. 458 And that's what you did in the case of one of these transactions, isn't that8 correct?9 A. I'm assuming that's what happened.14:07:1610 Q. 459 I see. And at what time of the day -- or did you do a balance on the 13511 account every day?12 A. Yes.13 Q. 460 And what time would you do that at?14 A. When we close-up in the evening.14:07:2615 Q. 461 What time is that at?16 A. Normally 5 o'clock.17 Q. 462 So with respect to the transaction that was conducted on the 28th of October,18 there was a, according to the information we had which I think you now accept19 is correct, is that the foreign exchange transaction was recorded at 16:43.14:07:4420 A. Right.21 Q. 463 Which is what a quarter to five or thereabouts?22 A. Yes.23 Q. 464 So was it the case that this was done when you were totting up what you needed24 to have in the 135 account to balance the books?14:07:5525 A. Not necessarily. The operative might, if he had a spare moment, would have put26 through at that stage. He'd be tidying up his day, getting ready for27 balancing.28 Q. 465 And you would have a number of these transactions throughout the day, some29 large, some small.14:08:1130 A. Possibly. It varied.Premier Captioning & Realtime Limitedwww.pcr.ie Day 839