Oireachtas Joint and Select Committees
Thursday, 10 July 2014
Public Accounts Committee
2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 20 - An Garda Síochána
Chapter 8 - Management of Outsourced Safety Cameras
10:50 am
Mr. Michael Culhane:
We have a memorandum of understanding with the Irish Banking Federation for recovering the cost of providing cash escorts. We have full cost recovery and the amount is due to the volume of escorts and the number of shipments of cash. In 2012, there was a timing issue in respect of the moneys received from the Irish Banking Federation. It was delayed and the 2013 receipts have increased as a result.