During the Commons Public Accounts Committee (PAC) hearing on the privatisation of QinetiQ, 3 December 2007, the Committee invited the Ministry Of Defence’s Trevor Woolly in for questioning.
What follows is an extract of a verbatim exchange at the start of his interview:
MR RICHARD BACON MP (CON, S. NORFOLK): Mr Woolley, are you a chartered accountant?
MR WOOLLEY: I am not.
BURTON: Are you a qualified financial person of any kind? Do you have any financial qualifications?
WOOLLEY: I do not have financial qualifications
BURTON: What is your job?
WOOLLEY: I am the finance director of the Ministry of Defence.