Alan Dillon (Mayo, Fine Gael) | Oireachtas source

I welcome the witnesses. They know why they are here. It is because of incompetence, poor governance and disregard towards taxpayers' money. That is evident within the accounts laid before the House but also the statement on internal control, which took at least an hour, if not two hours, to read through. They have apologised and we accept that. We now need further clarity and understanding of the revelations in these accounts and the actions and decisions taken. I will also go so far as to compliment the board of IFI on disclosing its concerns with the standard of internal control. That is the board's job, to hold those at executive and management level to account. Considering what happened to the board in terms of highlighting the issues, I am sure the public will say a lot of its members resigned or it was disbanded on a no-fault basis. That is really concerning. As in the case of RTÉ, the Committee of Public Accounts has to get the facts and achieve transparency.

Will Mr. O'Donnell confirm if there is a separate Garda fraud investigation under way around a senior IFI appointment?