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Sunday 18 March 2018

Basketball body ordered to repay €124k of state aid

THE governing body of basketball in Ireland has been ordered to repay €124,000 of grant aid to the State and has been told it cannot apply for capital funding for the next five years following a "serious error" in how it spent public money.

An audit by the Department of Transport, Tourism and Sport into state spending by Basketball Ireland (BI) found €1.24m designated for providing basketball hoops around Ireland was instead spent in other areas.

It was part of a total grant of €1.75m received by the body in the period from 1999 to 2006.

BI chairman Paul Meany said: "Most of the money was spent on development programmes. . . the then-management were under the impression this was acceptable."

However, BI must now repay 10pc of the €1.24m.

Irish Independent

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