Oireachtas Joint and Select Committees

Thursday, 23 March 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education and Skills

9:00 am

Mr. Seán Ó Foghlú:

I will. This is the nature of what the ESF calls its initial pre-financing or advances; it is the way in which the money flows. We received certain moneys and some of the pre-financing had to be reimbursed. That is the nature of the system, but it does not mean that activity did not take place. This is a cash-flow issue, but we are happy to provide the Deputy with the information required.

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