I propose to take Questions Nos. 15 and 49 together.
In February, following inquiries from schools to my Department, it became apparent that a large number of payable orders had not been received by the payees. On ascertaining that the payable orders in question were issued on 30 January my Department alerted An Post to the position and investigations were initiated to trace the missing payable orders. As a security precaution my Department cancelled all 225 payable orders issued on 30 January, including 195 relating to capitation grants. The individual value of the capitation payable orders ranged from £4,500 to £46,000 and amounted in total to £3.85 million.
I do not propose to identify the individual schools involved — because they would not wish it — and the amount of grant in each case.
The Irish Banks Standing Committee were also informed of the cancelled orders and given the serial numbers involved. None of the missing payable orders has been cashed. Fresh payable orders issued some time ago to the payees in question.
My Department have remained in close consultation with An Post on this matter. Inquiries to date have not traced the missing orders but they assure me they are continuing their investigation.
My Department are considering the electronic transfer of cash to schools' bank accounts. However, this would give rise to certain difficulties. We are at present examining this matter.