Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

I am not casting any aspersions on any individual. Based on good audit practice, if any one individual is directing control over where a fund should go, there is no connected-persons assessments of where it should go. There is no risk assessment carried out in terms of the funds. That is a gaping hole in terms of the management and operation of the process.