John Deasy (Waterford, Fine Gael)
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Question 124: To ask the Minister for Foreign Affairs the amount of interest paid to suppliers by his Department under the prompt payment system in each of the past five years; the persons who were the top three beneficiaries in each year; and the amount they received. [22451/08]

Micheál Martin (Cork South Central, Fianna Fail)
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Payment of invoices by this Department is governed by the provisions of the Prompt Payment of Accounts Act, 1997 as amended by the European Communities (Late Payment in Commercial Transactions) Regulations 2002. Every effort is made by my Department to make payments for goods and services within the 30 day period.

The following table gives the total amount of interest paid to suppliers in the past five years and also gives details of the three payees to which the highest amounts of interest were paid in each year.