Ms Josephine Feehily:

I will answer that question in general terms because I did note that the Commissioner is taking legal advice about the specifics. Other than from the evidence here today, I have no knowledge of what is actually going on other than the fact that Mr. Howard wrote a letter. In general terms, I repeat what I said earlier. The internal audit function is a hugely important piece of corporate governance machinery in any organisation. One of the reasons we have audit committees is to allow the internal audit to function independently. It is to protect them from the line, and I say that as a general comment. The committee can take it from that the fact that, yes, we are concerned. I chaired a handover meeting between the outgoing and incoming chairmen. We discussed a number of matters. I was particularly keen to make sure that this audit continued. The entire membership of the audit committee-----