Oireachtas Joint and Select Committees
Thursday, 27 September 2012
Public Accounts Committee
Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits
11:00 am
Derek Nolan (Galway West, Labour) | Oireachtas source
The second issue I wish to deal with takes in the expenses in Waterford Institute of Technology. I had heard anecdotal reports and seen reports in the media but reading about the scale of the issue, it seems extraordinary. It was almost like a fiefdom was operated in the office of the president with unqualified power and ability to spend money. It showed flagrant disregard for any kind of system of financial control. I appreciate that we are talking about the president's predecessor. I understand that many changes have taken place since the incumbent came to office, with many reports being done to identify exactly what happened. What steps have been taken to ensure this will remain an isolated event?
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