Oireachtas Joint and Select Committees

Thursday, 31 January 2013

Public Accounts Committee

Enterprise Ireland - Annual Report and Financial Statement 2011

12:00 pm

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

County enterprise boards submit their accounts to us and to the Comptroller and Auditor General. We look at those accounts and not many red flags have been raised over the years, so we presume they are performing in line with the reports given to us through Enterprise Ireland and other agencies. They give the accounts to us and they report to Enterprise Ireland. What is so wrong with that system that they would then be asked to report to the local authorities? The enterprise boards have been established and they are working. They have their offices, their clients, their responsibilities in terms of their audit, a parent agency - namely, Enterprise Ireland - and a parent Department, which is Enterprise Ireland's parent Department. What is the problem with the system that resulted in the decision to take that responsibility from the Department and place it with another one?

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