October 2005:

When you are talking in terms of massive and unprecedented growth, created by this Government, in a €41 billion budget, the level of expenditure of misspent money is relatively very, very small.

Then Minister for Communications Noel Dempsey, speaking about the HSE’s controversial €150 million PPARS computer system.

I bet they are wishing they had that “very, very small” €150m handy now.

Update: The audio is here.