Oireachtas Joint and Select Committees

Thursday, 27 February 2014

Public Accounts Committee

Payments to Section 39 Companies: Discussion

1:10 pm

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

I wish to move on to the organisation's memorandum and articles of association and I want to refer to three of the articles, 33, 37.1 and 37.2. They generally refer to the fact that directors are explicitly forbidden from receiving remuneration from the organisation. That is a fact, reflected in the organisation's memorandum and articles of association - in articles 33, 37.1 and 37.2, to the best of my recollection. In most charities where a member of a board receives remuneration of any description, whether it be consultancy fees or anything else, the widespread practice would be that there may be an identifiable conflict of interest and it is usually the case that the director would stand down. The person to whom I am referring is Frank Flannery. It has been in the public domain, and Mr. Flannery has responded to this in the public domain, that he charged the organisation a total of €77,000 for services in 2011 and 2012.

Is he still a director of the organisation?

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