Mr. Tony O'Brien:

Deputy Rock is referring to the fact that various individuals have, as it were, expressed surprise that they were directors of this particular entity. We will certainly be looking at that as part of the outcome of this process. The Charities Regulator was, in fact, established as a result of some discussions that we were party to, not in this room but the equivalent room that the Committee of Public Accounts sits in on other occasions. Its role is developing and it will have investigative powers. We will have more regulation generally, and this will be of benefit to us in this regard. We will have to look to see what we might have to do arising from this issue.

It is not a normal process for an internal audit to contact all directors of a board. Normally, they obtain their information and reflect back to the CEO and then in due course we expect that the final report is considered by a board. That is what normally happens. Obviously, in this case, that would not have added any value.