Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Why did the audit of the banks' performance not commence before now, given they reported, I presume, in early July in respect of the quarter to the end of June? The Central Bank knew since last March that this would happen, so why was it not crawling all over the banks in the first week of July to check that targets had been met? The process has only commenced, so when will it be finished?