Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Caranua Financial Statements 2017

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

I will give the four bullet points. There are accountability arrangements, since there have been serious deficits over the past years. The third is expenditure forecasting methodology, which had serious flaws. In 2016, three years after the scheme was ostensibly set up, criteria were brought in for a cut-off point. The fourth point is effectiveness in meeting intended objectives and outcomes. Those are not just points for one specific scheme but learning points.

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