Fianna Fáil TD John McGuinness has confirmed that despite the controversy about €100 million being spent on the set-up of Irish Water to date, the organisation cannot be audited by the Comptroller and Auditor General (C&AG), and cannot be compelled to appear before the Public Accounts Committee.
Deputy McGuinness commented: “The news that Irish Water is not subject to have its accounts audited by the C&AG will only add to the public anger about the use of significant volumes of public money by a company with virtually no accountability. It also demonstrates the unsuitability of the structure of Irish Water as established by this Government.
“Despite having been granted billions of Euro of assets and having spent €100 million to set itself up, Irish Water cannot be compelled to appear before the PAC to answer basic questions about what it is doing.
“This was bad legislation by the Government which has led to very poor levels of transparency. We have no idea about the processes used for procurement of services.
“Next Tuesday, Irish Water will appear before the Environment Committee for their annual review, but incredibly their accounts cannot be examined.”