Ms Madeleine Delaney:

Yes, that is correct. The letter referred to some cash flow difficulties but not beyond normal ranges and there was nothing to worry about, etc. We had information in our possession because we had been looking at a separate concern regarding the organisation, which is why we had obtained a lot of information. We asked for some specific information relating to a meeting referred to in the letter and a financial sustainability plan they had at that time. We put that together with the other information. We made contact with the Approved Housing Bodies Regulatory Authority, AHBRA, and requested a significant amount of information under our statutory powers.