Mr. Michael Walsh:

In 2004, sorry, they wanted a simple external contract and, in fact, I don't know whether it's in the documents there or not, but there is ... actually, that letter, effectively on, whatever it is, 9 December, and then there is another letter which comes from an individual in the regulator's office, I think about 10 January or 12 January, saying, "Has the society contracted out its internal function yet?" And, you know, needless to say, the society actually hadn't. The society was reviewing its response to Dr. O'Reilly's letter and doing it properly and professionally and coming up with what the society viewed as actually being appropriate. Now, I would have to go on and say that, you know, there is a lot of innuendo in some senses about the internal auditor. The internal auditor ... and, sorry, I don't mean from yourself, but just in the ether ... he was a very good individual who actually developed continuously over the years and, you know, as I said, there was a new board that came in for all practical purposes in early 2009. That internal auditor continued with the society as the head of internal audit for another, I think roughly, three years, until he decided to move to the UK.