Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

Regarding the assessment of projects, and checks and balances, I heard of one person who was making a big issue about the innovation fund and how it was administered in the sense that there are no checks and balances. This person had a project and wanted a group to assess it. An innovation voucher was provided and the person alleged that the work was never done but the money was still paid out even though Enterprise Ireland was asked not to pay out on it. Is Mr. Clancy satisfied that there are sufficient checks and balances there?

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