Mr. Derek Moran:

What was needed was an expeditious response to concerns. The person with all the information to have the capacity to review the concerns the public might have is the special liquidator. A contract is already in place, which was properly negotiated . A fee structure is in place. Many statements have been made but at the end of the day this will be charged against the surplus in the liquidation, although possibly not the judge's fees. It will not fall back on voted expenditure. We have in place an existing arrangement, existing contracts and an existing fee structure. The Minister has the power in the Act to issue a direction for the liquidator to take this on, which is what was done. We should have a report by the end of August which will then be made available for consideration and we will see where we go from there. This is a very quick turnaround.