Ms Ann Nolan:

I think there are a number of issues. I know the Taoiseach mentioned the possibility of the Comptroller and Auditor General doing a report. I spoke to the Comptroller and Auditor General himself about the legal framework in which that could or could not be done. It became very clear that it could not be done under the existing law. We looked at the option of having a commission of investigation under the DPER Act and we decided that it would take a great deal of time. We were in a position to get something done in a relatively short period of time with the special liquidator. Obviously, the option of having a commission of investigation afterwards is one the committee or the Dáil could consider, but we decided to recommend something that could be done quickly. There was a certain concern that we would just be seen to be kicking things away down the road and not looking for information quickly.