Hon Singh, to quote a nearby neighbour is work in progress. But let me say, Chair, that one of the things that has actually happened during this last year, is that we have begun to understand better within each SOE, the fact that irregular expenditure wasn't fully disclosed over the last five or six years, that is the first thing.
The second, the auditors from the private auditing companies were complicit in the fact that their audits didn't correctly identify the totality of irregular expenditure. Thirdly, as a consequence, what we are going to have over the next period is quite an extraordinary increase in disclosure of irregular expenditure, because the detection mechanisms are now better that they have ever been before.
But what this House and others need to do is to hold these auditing firms to account for the sloppy jobs that they have been actually doing. Is the rot deeper than we thought? Definitely, but that is where that the House should also recognise that there is a serious fight back