Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source

I will move on to oversight. Mr. Carville said that it involved the equivalent of two people at the moment. It was then stated that prior to that, at the height of it, it involved ten people. I received documents from the Department under the freedom of information process. They were heavily redacted but from what I could make out of the pieces I could read - this goes back to 2014 and 2015 - some of the terminology was that a number of very large transactions were poorly executed. That was after the fact so there was history here relating to how things were handled. The Department sought to put its own person on the board at that stage. Then, of course, the liquidation happened. There was some forewarning of the kind of supervisory role that should have been in place. When the liquidation happened, and some of us were here until whatever hour of the morning it was dealing with the legislation which was very rushed, did the Department consider an oversight provision, for example, the same way as the Comptroller and Auditor General is embedded in NAMA? Was that kind of thing considered or was the special liquidator the only thing that was considered?