Catherine Connolly (Galway West, Independent) | Oireachtas source

The money has been paid over. That is the specific issue. When was it paid over? Does the Minister of State have the date when the €15.56 million was paid over? While I welcome philanthropic aid, there must be openness and accountability with regard to it. I have always had serious concerns about openness and accountability, and not just with this foundation. The matter has come up repeatedly with other third-level institutions. The accounts generally of foundations and third-level institutions have never been consolidated. The reason for this in Galway is because it says it does not have control over it. However, the president of the university sits on the foundation, as do other serious members. There are issues here for us later on. When was the money paid over?

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