Oireachtas Joint and Select Committees

Thursday, 20 April 2023

Public Accounts Committee

2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed)

9:30 am

Photo of Verona MurphyVerona Murphy (Wexford, Independent) | Oireachtas source

When Mr. Creighton says they "looked at the form", what kind of in-depth analysis was there before this project went into play? I ask this because this could have been a much more serious issue, and I know a figure of €33 million is already very serious. The sum went missing for a while and then came back. I am a bit staggered by the answer. I thought this had occurred because of manual inputs, but it means we procured something that was not fit for purpose. The question I am really asking Mr. Creighton is whose fault this was. Was it on the side of Revenue when it was identifying what was required, or was it that when Revenue received what it requested it was wrong? In that case, I hope compensation was paid because I am damn sure this cost a lot of money to fix.

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