Derek Nolan (Galway West, Labour)
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That was a forthright answer; we do not normally receive such forthright answers. Mr. Corrigan has said State Street, a company the NTMA hired, defrauded the State of €3.2 million, that the agency has got the money back and that an investigation is under way. Fraud is specific. The word "fraudulent" was used. It implies this was intentional, that State Street employees knew what they were doing and that there was a premeditated plan to steal or engage in theft of money. Who was responsible for this? Was it a rogue person within the transition management team or somebody higher up? Was it company policy? What does Mr. Corrigan know?