Wexford VEC spent €400k rent on vacant building

The former Wexford VEC has been ticked off for wasting more than €400,000 to rent a vacant building.

The VEC, which is now part of the Waterford and Wexford Education and Training Board, has been spending the money on its former headquarters, which it moved out of in 2006.

The Comptroller and Auditor General, Seamus McCarthy, said the money used to lease the building after it moved out was not effective. He said until the end of 2012 €400,000 had already been swallowed up.