Oireachtas Joint and Select Committees

Thursday, 16 October 2014

Public Accounts Committee

Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres

11:10 am

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael)
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I am not certain the private sector would have the luxury of nearly six years to deal with what should be a relatively straightforward matter. It involves approximately €8 million per year of taxpayers' money. It was €11 million in 2007, €16 million in 2008, €14 million in 2009, €8 million in 2010 and €8 million in 2011. The fishing industry is very important, but we have to cast an objective, critical eye. It has taken a considerable period. Are the harbours operating as independent republics? Is that the problem? Are the reporting and accounting systems grossly inadequate? The accounts produced are archaic. There are no depreciation figures or current market values for property and no complete indication of all the fixed assets the Department controls. The layout is very poor. Why has it taken so long? The Comptroller and Auditor General has received the 2012 and 2013 accounts. Is it anticipated that the 2012 accounts will be qualified?