 A senior Inland Revenue Department investigator, Tony Loo, subsequently told the Commission of Inquiry that he and other IRD staff did not understand how the transactions had worked until they watched Wishart's documentary on TV.Although the Commission report initially exonerated the transactions, the Commission findings were overturned by New Zealand’s highest court which found the transactions were prima facie fraudulent and that the Commission had made substantial errors in finding otherwise.Ian Wishart published three books detailing his investigations and the outcome