Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Caranua Financial Statements 2017

9:00 am

Ms Rachel Downes:

It is not that we are not concerned about it. We have implemented a lot of controls to try to improve that. From this year, as mentioned earlier, we have more than €2 million in funding supports that are due to come to us on an annual basis. We are now looking at the more of a staggered approach. We give a payment for a piece of work, and when the receipt comes in, we give the next tranche of payment.

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