Oireachtas Joint and Select Committees

Thursday, 4 July 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 17 - European Globalisation Adjustment Fund
FÁS Financial Statements 2012
National Training Fund

1:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Okay. I would like to know the reason for the disparity in refunds between the various programmes. It is clear that almost 80% of the fund was spent in the Waterford example. That is to be welcomed. In the case of SR Technics, approximately 40% of the fund was spent and 60%, which is very high, was refunded. Has the Department come to a conclusion - apart from the overall issues relating to Ireland, Inc. - regarding the reason the refund amounts were much lower in the cases of some of the particular EGF programmes for individual companies or groups? To give some examples, some 75% of the fund was spent in the case of the architectural services programme, nearly 60% of the fund was spent in the case of the specialised construction programme and some 65% of the fund was spent in the case of the construction of buildings programme. All of that is to be welcomed. The case of SR Technics clearly stands out because just 40% of the fund was spent. Can Mr. Ó Foghlú outline the reason for that disparity, as revealed by the review process?

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