Mr. Francis Doherty:

The accounts show that there was a huge job for people coming in to try to make sense of it all. They are starting to build everything from scratch. It was like trying to underpin a skyscraper that was on fire with 3,000 people in it while people are turning up and tapping you on the shoulder for money. There are quite significant qualifications on the financial statements and that is no surprise. There is information in there that is not - as I would see it - accurate. There are omissions as well. There is basic information that probably should or might need correcting. For the board that is there at the minute, it has been further hamstrung in the fact that they have only recently been appointed. What needed to happen was that a new or substantially new board was needed immediately after these issues came to light. When I was CEO, I was having to deal with people who were continuing to brief the former CEO, asking that they could be recused from any conversations in relation to the former CEO because they were so close personally to that individual and asking me to bring that individual back to help clean up the mess that existed. If the organisation had been encouraged, forced or made appoint new trustees much earlier, then the accounts would have been in a better shape.