Denis Naughten (Roscommon-Galway, Independent) | Oireachtas source

If I could come back to the witness and the point being made. From the evidence we have got, regardless of whether one has the view of principle that it should be State-run or run by the financial industry, the main argument being put forward in evidence that we have received is that one could establish an operational fund far quicker if it is piggybacked on the existing industry rather than establish a mechanism. Everybody agrees that if it is a State entity being established to invest the funds, there is going to be a time lag involved in it.