Ms Josephine Feehily:

I quote from their report. They point out:

From the outset, the Inspectors determined that they would report to the Court only on the basis of their own work and not upon the basis of the work of others. It is worth noting also that the powers available to Mr Ryan as an Authorised Officer pursuant to the Companies Act, 1990 were confined essentially to seeking books and documents and requiring explanations of same. The powers of the Inspectors are considerably more extensive.

They say, further in their report, that the powers of the Revenue Commissioners were more extensive still. That is important in explaining the three layers and also all of the overlaps.