Investigation into VEC financial affairs to be published

A two-year investigation into the financial affairs of the County Cork VEC has been completed and is to be published next month.

The Comptroller and Auditor General confirmed the wide-ranging special inquiry has been signed off and is awaiting responses from the chief executive of Cork ETB, which replaced the CCVEC last year.

The investigation looked at maladministration, serious issues at a youthreach centre in Macroom, the VEC’s accessing of unapproved loans, and a private agreement to set up a sail training programme with a boat that has been on blocks in dry dock.