Oireachtas Joint and Select Committees
Tuesday, 23 February 2021
Public Accounts Committee
Horse Racing Ireland: Financial Statements 2019
10:00 am
Ms Suzanne Eade:
Our argument was that this cash should never have been part of the assets in the liquidation. We were strong about going back on that point. The issue was the number of other companies involved. There were 61 companies involved and they all had the same claim that this cash should not be part of the assets. The cash was not the company's to redistribute. As there is a Garda investigation ongoing, we will not go too far into this but what the Deputy is alluding to is perfectly in line with what we were pushing for with the liquidator.
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