Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

No, that is not the point I was making. Mr. O'Kelly spoke earlier about the very tight margins Carillion was working to, which probably created exposure. These were also picked up down the food chain, if one likes, in terms of the domestic fallout.

I will move on to another aspect of the accounts on non-effective expenditure, which relates to the IT system. A total of €853,000 was involved. It was for an IT system that was not delivered. What was the nature of the project? Could Mr. O'Kelly could give us some details on it? Was any of it used? Was there any retrieval on it? Was a proper business case done before it was considered?

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