According to the European Commission, the German regional bank WestLB, has received an additional undeclared €3.4 bn of state aid during the process of transferring its toxic and impaired assets to a ‘bad bank’ and restructuring its viable operations. In a press statement on 5 November 2010, the Commission raised doubts about the viability of the bank and said that it will not approve the aid unless further restructuring measures are undertaken or, there is an arrangement for the gradual reimbursement of the additional sums. Consequently, the investigation into aid has been extended.