Mr. Frank Daly:

I have absolutely no difficulty with oversight. I watched the proceedings this morning and the Comptroller and Auditor General acknowledged that the audit history with the Comptroller and Auditor General, including two special reports, had been pretty much non-contentious. There had been one small point of disagreement, but in the end we accepted the Comptroller and Auditor General's recommendation. Therefore, we have absolutely no problem with oversight.

We did not take a very quick overnight decision to challenge the report. I have been dealing with the Office of the Comptroller and Auditor General for decades and nobody like me lightly challenges the Comptroller and Auditor General.