Thank you.
Auditor General, I know your audit only went back to 2017. I would have been happy if it had gone back further, but I want to outline to you why.... There was mention earlier of Cycle Capital. I get that SDTC didn't pay Cycle Capital, but Cycle Capital is a venture capital firm that has ownership in a lot of companies. If we go back to the establishment of Cycle Capital in 2009 up to and including your report, the companies they are listed to have ownership in got $213 million, a considerable amount of the billion-dollar green slush fund.
After receiving the first $100 million, their founder-owner was appointed to the board, in 2016, so the companies she had invested in already had $100 million. The appointments process seems to be very flawed when somebody whose investments had already received $100 million was seen as a reasonable director for this board. Wouldn't you agree?