Oireachtas Joint and Select Committees
Thursday, 10 December 2015
Public Accounts Committee
Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
12:40 pm
John Perry (Sligo-North Leitrim, Fine Gael) | Oireachtas source
Will Mr. Ó Foghlú comment on this because it is an important point? If there is an appeal to the Department in such cases, does the Minister have discretion in the matter? We are talking in this instance about a situation where a cost-benefit analysis and due diligence were done but it ended up with contracts having to be cancelled and new ones drawn up. It is important to know what happened because the institute might be blamed for it. In fact, Waterford Institute of Technology did not have the power to borrow the moneys needed. I am asking whether, if those funds were available, the Department could have intervened to provide them?
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