Oireachtas Joint and Select Committees

Thursday, 24 May 2018

Public Accounts Committee

Financial Statements 2016: Higher Education Authority, University College Cork and Cork Institute of Technology

9:00 am

Photo of Alan KellyAlan Kelly (Tipperary, Labour) | Oireachtas source

It is a bit more than that. Following up on that, the HEA did write to this committee to say that it was not happy about the controls in place here, and was unhappy with the role and powers of the financial controller and the process by which they could write their own cheques. I looked at the board minutes of CIT from 2 February 2017. A Mr. O'Sullivan asked for an update on the appointment of an external member of the finance committee, which means there was no external person on the finance committee of CIT. It then says that Mr. Gallagher informed him that the position was advertised externally and the recommendation would come back to the finance committee which in turn would report to the governing body. Is it not alarming to the HEA that there has been no external person on the finance committee? I will put this to CIT in a moment.

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