Oireachtas Joint and Select Committees
Thursday, 10 October 2013
Public Accounts Committee
Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits (Resumed)
11:30 am
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
One is looking at a break-even situation in regard to WIT's outgoings versus getting the money back. Clearly there are salacious elements in the details of the case, but why did reason and common sense not prevail with regard to people sitting down to examine the case? The Deloitte report indicates that between 1 January 2009 and 31 May 2011 the president's office incurred almost €1 million in expenditure and estimates that approximately 40% of this expenditure, or €368,000, provided insufficient evidence of value for money. Why did nobody realise the institute would end up pursuing a court case until two reports later? Why did reason not prevail?
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