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Call for full audit of Galway 2020 finances

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Call for full audit of Galway 2020 finances

Galway Bay fm newsroom - A city councillor has called for a full audit to be carried out on Galway 2020's financial history.

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It's after it was revealed the company has spent 18 million of the 19,1 million euro in funding it has received so far.

Central government is due to release a final 5 million euro in funding to Galway 2020 to deliver a revised programme of events in line with Covid-19 regulations.

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Fianna Fáil Cllr Alan Cheevers says a detailed breakdown on how the first 18 million was spent should be made available before this process begins.

In a statement to Galway Bay fm news, Galway 2020 said an independent review of Galway 2020 accounts is completed on a quarterly basis and the company's annual accounts are filed and available with the Company Registrations Office.

It added, Galway 2020 reports to Galway City Council on a quarterly basis which includes financials for the quarter - for more tune in to Galway Bay fm news on the hour...

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