Jonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

Does the Minister not find it strange that we are only now getting a report from the auditors that there is a serious issue with the accounts and practices? They signed off on the 2017 accounts and lodged them in October 2018, yet it is only in the past week that they have raised concerns. The Minister may not wish to answer the following question. Does he believe or is it credible that the auditors were not given the full financial documentation to enable them to carry out a full audit?

Is it credible that only following the questions put to the FAI in the past week on all of the information surrounding the €100,000 loan that the cheque stubs and all of the other information were made available to the auditors who then twigged there was a serious issue, which under the law they have an obligation to report, and that that is the reason the H4 form only went in yesterday, effective from last Friday, only two days after the information had come into the public domain at the committee meeting on Wednesday, 10 April? Is that a credible assessment of the situation?