HomeNewsGarda probe into missing VEC money

Garda probe into missing VEC money

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An-Garda-Siochana-WEBย Kathy Masterson

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CLOSE to โ‚ฌ30,000 in tuition fees was misappropriated by a member of staff at the Limerick College of Further Education in 2012, according to a financial report published recently by theย Limerick and Clare Education and Training Board (LCETB).

The City of Limerick VECย (Vocational Education Committee), which was absorbed into the merged LCETB in June 2013, wrote in its financial statement for 2012 that โ€œin May 2013ย an irregularity in relation to tuition fees at the VECโ€™s College of Further Education was discoveredโ€.

A statement written by the then LCETB chairperson, former city councillor Denis McCarthy, in July of this year said: โ€œThe matter was investigated and it was identified that tuition fees to the amount of โ‚ฌ29,928 had been misappropriated.

โ€œThe ETB reported the matter to An Garda Sรญochรกna and to the Department of Education and Skills. It has revised the control process in relation to tuition fees.โ€

The Board is seeking to recover the funds misappropriated from the staff member and from the VECโ€™s insurer.

The staff member concerned has since resigned and at the time the report was compiled in July, had so far repaid โ‚ฌ400 by weekly installments.

Cllr McCarthyโ€™s statement concluded: โ€œCity of Limerick VEC has begun the process of establishing a formal risk management system involving procedures for identifying and evaluating all risks which could prevent the VEC achieving the objectives in its Education Plan.โ€

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