I think that's well said, if not a bit understated.
I want to offer you some quotes we've heard from a senior official with ISED—the CFO, Mr. McConnachie. He said, “Based on the preliminary findings of the fact-finding exercise...there is smoke around the vast majority of the allegations.” That was in May. In July he said, “It was free money,” and, “That is almost a sponsorship-scandal level kind of giveaway.” In August, he said there was “a lot of sloppiness and laziness” and “outright incompetence”. He also said, “The minister is going to flip out when he hears the stuff.” Then in September he said, “The report implicates the board in terrible ways...by not following process, by not following the [conflict of interest] regime, by not being prudent fiduciaries.”
Have you heard these recordings? Were they furnished to you by the whistle-blowers?