GARDAI have been called in to investigate allegations about a development company that has received €4m in state assistance. Officers have been forwarded a file by funding body Pobal outlining how up to €60,000 in taxpayers' money was claimed by Tipperary Hostel Ltd using false invoices.
The company's treasurer, former Fianna Fail councillor Michael Maguire, is employed as a driver for Martin Mansergh, the Minister of State responsible for the Office of Public Works.Here's the bit that struck me most:Earlier this year, the company's auditors found almost €45,000 in Pobal funds were drawn down based on invoices for work that wasn't done. It is understood further investigations saw the figure involved increase to between €50,000 and €60,000. Mr Maguire accepted there had been "huge irregularities" and that funding money had been "spent unwisely".
Am I correct in interpreting that to mean that if a State body provides future funding to Tipperary Hostel Ltd then a different State body (Pobal) can be repaid money for "ineligible expenditure"? Will that be the end of it? "We're all quits now lads, fancy a pint?"Pobal is likely to seek the repayment of "ineligible expenditure" should Tipperary Hostel Ltd secure more funding elsewhere in the future.
It wouldn't surprise me in Ireland. If there is wrongdoing here it's high time the authorities showed some proper teeth, or it will just continue ad nauseum. Photo of Maguire from the Irish Independent:
.........'Michael Maguire: treasurer'
Irish Independent: Gardai to probe false invoices worth €60,000 at state-aided firm