Oireachtas Joint and Select Committees

Thursday, 10 April 2014

Public Accounts Committee

Payments to Section 39 Companies: (Resumed) Rehab Group

1:30 pm

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

Is that one of the areas Dr. Molloy will be looking at in the context of his review of the organisation? We seem to have received three different responses from the corporate body in respect of how it deals with payments to directors under article 33 of its memorandum and articles of association. Some of them are quite contradictory. There has been quite a lot of public attention in respect of this and I think the witnesses would accept and understand the public view on that. The question of whether it is right or wrong is immaterial. There are many people dancing on the head of a pin about how that particular provision is interpreted, but how it looks to the public and how it might look ethically and professionally is another day's work entirely. It is very important that Dr. Molloy deals with that, as is the possibility that the organisation would take some responsibility for expressly ruling that out.

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