Oireachtas Joint and Select Committees

Thursday, 4 October 2018

Public Accounts Committee

Business of Committee (Resumed)

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

We will come back to it. Representatives of the Dormant Accounts Fund were with us last year and it was one of the most pathetic meetings I had ever attended. Commitments were made to concepts and projects, but there was not a sheet of paper to be had and projects never happened. Money was locked up as part of a concept that had passed its sell-by date. Responsibility for the fund had moved from one Department to another and then another. It ended up being nobody's child in the sense that nobody wanted to take responsibility for it. Meanwhile, because there was no sunset clause, money that had been committed was locked up and could not be used. It was the worst example I had seen in quite a while of poor administration in the use of scarce public resources. We will come back to the matter as part of our work programme.

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