A series of high-level probes into governance and financial matters at the charity were launched last year amid cash flow issues
www.businesspost.ie
Behind the paywall, but here are some snippets:
Danny McLoughlin, the former chief executive of South Dublin County Council, was made interim chief executive of the body in October 2023. McLoughlin was paid €128,000 in total for the six-month period he was at the charity. The charity’s previous chief executive was paid between €110,000 and €120,000 per year. A permanent CEO was appointed in April 2024.
According to a report by the Comptroller and Auditor General (C&AG), the state’s spending watchdog, the Department of Housing has incurred close to €700,000 in costs so far due to its probe of financial and governance issues at the charity, with a further €864,000 in costs expected.
The C&AG report said PwC has been paid €469,000 for the independent review it conducted of the charity, with a further €409,000 due to the consultancy. Another €86,000 has been paid to PwC for the provision of support services to the trust, and an additional €455,000 has to be paid to the firm for this work..
The Department of Housing also paid €10,000 to a
legal expert to chair an overview group that assessed financial and governance issues at the charity, while €6,000 was spent by the Department of Housing on “independent advice”.
The report noted that the department will also face costs in relation to
termination of Peter McVerry Trust projects that were in the initial stages of development. It said the final cost will not be known until local authorities submit all claims for recoupment.