Mr. David McWilliams:

I was in China. I did not know John Gormley particularly well. The thought that went through my mind at one stage was, "Why didn't they ring their own bloody advisors? Why are they ringing me?" I never got paid a cent for all this. If I had actually billed out all this, I would be a reasonably wealthy man. John Gormley called me and asked what I thought. I told him I was in Tianjin, which is a city in China that I had never heard of, but Senator D'Arcy said it has 11 million people in it. There was a sense of "I think this is happening, I'm not too sure". What struck me was why they had to telephone a bloke in China to find out what was going on right under their noses.