[E-voting] Powervote goes into liquidation - Joe McCarthy on Pat
Kenny RTE1 at 10:30
Joe McCarthy
joe.mccarthy at arkaon.com
Fri Feb 2 10:26:09 GMT 2007
E-voting machines company goes into liquidation
Mark Hennessy, Political Correspondent
Fri, Feb 02, 2007
The company that won the Government's EUR50 million contract to supply
electronic voting machines, which will have to be upgraded before they
can be used, has gone into voluntary liquidation.
Powervote Ireland Ltd has nearly EUR1.9 million in cash in the bank and
EUR2.6 million worth of assets, according to its latest returns filed in
the Companies Office up to September 30th, 2005.
Last night the Department of the Environment insisted the liquidation
would not affect its efforts to get the Powervote/ Nedap e-voting
machines into use in the State, following the Commission on Electronic
Voting's questioning of the security of its software.
In a statement the department said it had been advised by the company
last September that it was about to carry out a "technical
restructuring" of the Powervote group.
This involved the transfer of all obligations and rights under the
contract with the department from Powervote (Ireland) to Powervote Services.
However, the company said in a statement that it had been envisaged "at
the outset of the project that on completion of the system supply
phases, that Powervote (Ireland) Ltd would be wound up on a solvent
basis and that future development and support would be transacted
through Powervote Services Ltd".
It said the company went into voluntary liquidation on January 26th last.
The department said that after consulting with the Attorney General's
office "and on receipt of a written undertaking that Powervote Services
will accept and assume the obligations and liabilities of Powervote
(Ireland) under the terms of the relevant contract, the department wrote
to Powervote (Ireland) on November 16th, 2006, stating that it had no
objection to the proposal on the express condition that this undertaking
is fully adhered to. Accordingly, there are no implications for
electronic voting in Ireland."
It added that Powervote (Ireland) "has been the company principally
involved in providing electronic voting services in Ireland and,
therefore, most payments for these services have been made to the company".
The most recent payment was for EUR3,702, in December last.
Paul McCann of Grant Thornton has been appointed liquidator.
The company statement added: "The rights, liabilities and obligations of
Powervote (Ireland) Ltd have been assigned and, as necessary, novated to
Powervote Services Ltd."
© 2007 The Irish Times
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