Oireachtas Joint and Select Committees
Thursday, 19 June 2014
Public Accounts Committee
2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 7 - Management of the Fixed Charge Notice System
Chapter 8 - Management of Outsourced Safety Cameras
Chapter 14 - Cash Balances in the RSA
Vote 31 - Transport, Tourism and Sport
12:35 pm
Mr. Tom O'Mahony:
No, and that was one of the major points to come out of this event. The information flows within the company, to the board and the Department were inadequate. It was essentially a cash management problem. At particular points in the month it would not be able to meet its commitments to the Revenue Commissioners, within the overdraft limit it had and this was going to recur. This should have been identified.
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