RTÉ confirms €3.6 million write-down over IT system

RTÉ has confirmed it has written down a figure of €3.6 million on a partly failed IT system, which was one of the projects funded from the proceeds of the sale of land at its Dublin site in 2017.

In a statement, the broadcaster said the “purpose of IT system was to replace five legacy systems that were used for Finance and HR which were at or near end of life (one of them having been installed in 2001, another two installed in 2003).”

The details of the write-down were first published by The Currency.

It reported that in the wake of the Department of Arts and Media requesting that all agencies under its remit provide details of capital projects which cost more than €500,000, and were either…

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