Oireachtas Joint and Select Committees

Thursday, 2 March 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government

9:00 am

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

I will try to move away from the legal issues and the case about which Mr. McCarthy is talking, and focus on the principle that was pursued here. We need to be very careful when spending taxpayers' money. Allowing any local authority to enter into agreements and advance interest free loans of the magnitude that is suggested in this report in The Irish Timesto any company without any recourse or any guarantee is very bad practice on behalf of the Department. What guarantees do we have that this will be repaid?

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