John McGahon (Fine Gael)
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I accept that it was the way the modelling had been done for a considerable time before that.

Paragraph 4.3, on page 3 of the presentation, states: "With the complexity of the calculations together with the way it was programmed in the financial model, it was difficult to detect the error after the second year of implementation." This mistake was not realised for more than a decade. Mr. Tarrant only took up his position in 2021 so it may be difficult for him to answer my question. Were there reviews of the model in that decade? If so, how many took place?