Oireachtas Joint and Select Committees

Thursday, 15 June 2023

Public Accounts Committee

Financial Statements 2021 - Sport Ireland and Sport Ireland Facilities DAC

9:30 am

Dr. Una May:

I thank the Deputy for that. I will probably defer to my two colleagues on the details around the FAI but those 163 recommendations came from a number of a different sources. There was an independent review by BDO, or was it IPA? It was IPA. There was an independent audit by KOSI on our behalf. Those recommendations come from many different external, independent viewpoints as to what is required and necessary to achieve the confidence the Deputy referred to. Although we are not a regulator, our role is monitoring adherence to those recommendations. We are confident that once those recommendations have been met, the FAI will be in a much stronger position and have much stronger governance around its financial procedures and policies. It is also important in respect of the area of regulation that the office of corporate enforcement has also been involved in managing and reviewing the affairs of the FAI. There is a role and regulator for these very high-turnover commercial entities, which is what the FAI is. Our funding to the FAI is part from the funding provided by the Government specifically to support it in the fallout of the issues that arose around the scandal that emerged. Our funding to the FAI is all clearly directed at the development of the youth field and youth sport side, and the development around children’s involvement in the sport and summer activities.

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