Oireachtas Joint and Select Committees
Thursday, 16 April 2015
Public Accounts Committee
Special Report 90 of the Northern Ireland Audit Office and the Office of the Comptroller and Auditor General
The Bytel Project
10:00 am
Mr. Seamus McCarthy:
No, and when the first payment of €1.6 million was made, part of what it was paying for was the €1.3 million. There was evidence, but the difficulty was that it was an invoice from one Bytel company to another Bytel company. When the DETI internal audit looked at it later, Bytel was asked to produce an original supplier invoice for the equipment for the company within the Bytel group which sold it. Bytel could not produce anything. There was a difficulty in that the company the invoice was from made an enormous profit in the year of the sale of the equipment, and the surplus from that was distributed.
No comments