First Minister, this is about openness and transparency and how your Government makes sure that information is in the public domain and that our taxpayers' money is being invested appropriately. It's quite clear to me that your Government has failed to listen to the report of the Wales Audit Office in 2016. Three years ago, the auditor general said, on the Wales life sciences investment fund, that

'aspects of its establishment, governance, oversight and early operation were flawed and poorly documented' over the conflict of interest of the previous company that managed investment, sending moneys to companies of which Sir Chris Evans was also a shareholder.

First Minister, once again, it seems to me that your Government is failing to be transparent with the people of Wales. Why, therefore, following the report of the auditor general, did your Government allow Arix Bioscience to take over the managing of the life science investments? And why did Finance Wales not learn their lesson and thoroughly scrutinise future investments? Because it seems to me that your Government is making the same mistake again.