Results 401-420 of 1,041,565 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Tim Lombard OR speaker:Frank Feighan)
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: That is taxpayers' money, Paul. It is the €242,000.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: That is where the split came. The HRI money was €242,000 and the Turf Club money was €141,000.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Paul, you are over time by three minutes. I will come back to you.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Could I just get clarity on this? The package was €380,000-plus.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: So €242,000 basically came from the Department. You could argue the point that this is State money. The sum of €141,880 was the top-up, for lack of a better word to describe it.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Why was that topped up?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: By whom was that third party professional services firm hired?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: The IHRB got an outside consultant to evaluate the potential package, and the top-up then came from the Turf Club to fill the hole regarding the potential package.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Would you not consider that totally irregular?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Has the Turf Club ever corresponded with you, as an organisation, about the €141,000? Will this be the next CEO's proposal, that he will have another top-up from the Turf Club?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: I am well aware of that.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: It is quite a bizarre situation, though. I know of no other organisation where an outside entity would channel money into it for a top-up for a retirement fund. It is potentially unheard of.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Four of those directors who were there in 2021 are still in place. Am I right?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: The €141,000 is the Turf Club's money then.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: By a third party, was it not?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: But there are still four who were in place, so there are four individuals on that board who believe this was appropriate. Am I right in making that statement?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Have the four members who were on the board at the time ever made a comment publicly about that issue?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: Confidence is required in the system. The confidence comes from leadership, and if you have four members on that board who had confidence in it at that time, I just question how we can have confidence in the set-up at that stage.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: That is a slightly different issue.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)
Tim Lombard: It was bizarre, to say the least - and I am being polite - to think that the Turf Club would potentially have given money to the IHRB as part of a package of €380,000 for the individual in question.