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

Mr. Seán Ó Foghlú:

If we did intervene and the intervention we made was to start an investigation because we did not have sufficient information about the indebtedness of the company, that is a very serious matter. The investigation was undertaken on our behalf and the Minister then made a call to make a loan facility available, which has not been made available to anybody else, for both the student accommodation and the Carriganore campus.

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