Oireachtas Joint and Select Committees
Thursday, 4 October 2012
Public Accounts Committee
Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits (Resumed)
Higher Education Authority - Annual Financial Statements 2011: Discussion
11:50 am
Mr. Tom Boland:
In case the committee has any impression that the €1.2 billion is handed over in a vacuum, there was the whole Dáil process. In addition, the Department would send us a detailed letter each year on the allocation and we would account for that. The memorandum is more to do with our relationship in terms of governance than it is necessarily about accountability for the €1.2 billion.
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