41.   Its auditors are the American firm of Ernst and Young.

42.   That did not justify claiming a cover-up, as Wood had charged, and auditors were able to complete their reports using other AIT records, he said.

43.   The auditor was also unable to say whether the accounting and other records have been properly kept.

44.   The two internal auditors are C.S. Wong and Leong Keng Yuen.

45.   To be seen as an objective, integral and unbiased party, an internal auditor must be independent of the activities he audits.

46.   As in years past, the auditors were especially critical of abuse in the distribution and accounting of agricultural subsidies.

47.   The auditors were generally critical of the lax manner in which studies were commissioned from external consultants.