Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

In ... I concluded with a question to Mr. Walsh earlier, Mr. Purcell, and I'd put the same question to you. And that is, Mr. Purcell, that this inquiry, in preparing for the public hearings, gathered hundreds of thousands of documents. For today's hearing regarding INBS, documents from the Financial Regulator's office consistently and repetitively over many years expressed concerns regarding corporate governance, senior management resources, lending expertise appropriate to your business strategy, direction of the society's overall business model and the associated control framework, issues on the regulatory reporting and control - and, I think, in your own engagement this evening, which, as you admit, were a source of continuing disappointment to you - and also the lack of experience in the quality of internal audited resources.

Having listened to your contribution this evening, Mr. Purcell, is it your opinion, as we come to close these proceedings, that these documents are consistently and repetitively wrong?