Oireachtas Joint and Select Committees
Thursday, 21 February 2019
Public Accounts Committee
Business of Committee
9:00 am
Mr. Seamus McCarthy:
It is because it goes back to 2013, but it was only determined in 2016 that the moneys needed to be collected. However, the matter has not yet been resolved. In the individual audits of the agencies we were picking up that there was a matter in dispute. As the quantum had not been determined, provision was not made in the financial statements. We did not know how big the problem was because the full scope was not clear. The fact is business continued from 2013 without the collection being made.
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