When Mr. Kingsley was here, I asked him why we have the audits at all. He audits our returns after we submit them. Aside from trying to create jobs, why do we have our own external audits? We don't do this with income tax, where you are audited and then they audit your audit. They select people on a random basis and do the audits on those people. I'm completely mystified by the point. And when he was here, I didn't think he gave a very coherent explanation.
On June 15th, 2006. See this statement in context.