Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Public Accounts Committee
Business of Committee
9:00 am
Mr. Seamus McCarthy:
The same kind of situation would have arisen if a different argument was used. If a foundation had lost the moneys, the project for which the moneys were contributed would still have to be delivered. There would be a reputational issue for a college if it did not meet the obligation. How would it approach another sponsor or donor having lost these funds?
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