Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

We talked about the memorandum of understanding between the Commission and the Ukraine Government, making very clear the purpose of the funds and how they were to be used. Article 5 of the memorandum of understanding, which I set out earlier, clearly sets out that the authorities provide monthly reports on revenues and expenditures of the state budget at the level of the major expenditure headings.

I indicated that the MOU stipulates that Ukraine will provide the Commission with all of the information that is relevant for transparent monitoring of its economic and financial situation and for the assessment of the implementation of the reporting system. The Commission also has the right to carry out operational assessments and independentex-postevaluations of the MFA, in consultation with Ukraine, the IMF and other international organisations. The MFA is liable to verification control and the auditing procedures of the Commission, including the European Anti-Fraud Office and the European Court of Auditors.

On the other side, the various institutions I have described already have in place extremely robust mechanisms for overseeing, insofar as possible, the allocation of resources, including on-the-ground personnel who assess where the resources are going and how they are being used. They are the oversight mechanisms, both under the memorandum of understanding and under the different international institutions which we were responsible for setting up and that have been operational for some time.