Businesswoman didn't meet the specification for chief executive
Janice McAleese became chief executive of the Northern Ireland Events Company less than three years after joining the organisation.
The Enniskillen-born businesswoman held the top post between 2003 and 2007.
She graduated from the University of Ulster with a degree in textile design.
Later she worked in both the public and private sectors.
Ms McAleese joined NIEC as company secretary in May 2001.
She was appointed acting chief executive in October 2003 after the retirement of John Walker, the first chief executive.
Two months later, in December 2003, at the age of 39, she was confirmed in the role, and held the position until her resignation in May 2007.
However, today's report flags up a series of concerns about Ms McAleese's appointment.
There was no evidence on her application form that she had a third level qualification in finance and business as required in the job specification;
She had less than five months' experience in the acting chief executive role and her employment experience did not demonstrate that she had a minimum of four years' "senior management experience", which was an essential criterion for the post;
She had no public sector experience and limited financial experience.
Ms McAleese resigned in May 2007.
Three months later the acting chief executive, Jasper Perry, notified the Department of Culture, Arts and Leisure that NIEC had accumulated estimated debts of £1.2m.
Shortly afterwards, the Executive agreed that DCAL would meet any outstanding liabilities and that NIEC would be wound up at the earliest opportunity.