The head of the organisation responsible for the regeneration of Londonderry has admitted that mistakes were made while spending public money.
An audit of accounts revealed that Ilex spent £404,000 on projects without seeking proper approval.
Chief executive Aideen McGinley insisted yesterday that lessons had been learned in the wake of the controversy.
“We got it wrong and we are going to put it right,” she told a meeting of the Assembly’s Public Accounts Committee.
She said she could explain but not defend what happened.
Sinn Fein MLA Mitchel McLaughlin claimed there had been a “blatant disregard” for rules and sponsor control.