Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Public Accounts Committee
Payments to Section 39 Companies: (Resumed) Rehab Group
11:45 am
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
If Mr. Poole does not mind, I will surmise why that gentleman refused to sign the cheque. Instead of importing materials directly, Rehab chose to use a third party. It looks like a company, namely, Complete Eco Solutions, was formed for that express purpose. Those who had ownership of and an interest in that company were closely related to the then CEO and another was a director of some of Rehab's subsidiaries and its former CEO. Given the run of events, that is what it looks like to me. I will surmise that the financial controller in question suspected or was at least uncomfortable with that scenario.
The organisation's own minutes reflect the fact that there was the potential for reputational damage to Rehab, given the close connections of the CEO with this enterprise. Do the witnesses, and Mr. Kerr as chairman in particular, now accept that it was, to say the very least, ill advised for the board of Rehab or any of its committees to have given consent to this transaction and operation?
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