Mr. Frank Daly:

I will let my colleagues come in on this but it would have given the board and its members an opportunity to engage with the Comptroller and Auditor General and go into more detail than was, I admit, available in the papers to the Comptroller and Auditor General. There were volumes of documentation going back and forth between us and the Comptroller and Auditor General during this process. There were four drafts, I think, before the final report. It seemed to us all along that a meeting where we could sit down, listen to the Comptroller and Auditor General and where he could listen to us would certainly have advanced that process. In terms of good process, it might have been an appropriate thing to do. I still believe that. My colleague may want to add to this as he has experience of it elsewhere.