Millions lost as Fás fails to adopt computer system

MILLIONS of euro in EU grants to help unemployed people get back to work are being lost because Fás has failed to update its book- keeping from paper to a modern computer system.

Irish authorities have informed the European Commission they are unable to meet demands they set out when effectively withdrawing the share of the European Social Fund (ESF) last year.

Ireland’s €375 million share was stopped after an EU audit found problems with the monitoring of the money for courses offered by Fás.