James O'Connor (Cork East, Fianna Fail) | Oireachtas source

In regard to the details of Denis Egan's early retirement and voluntary redundancy scheme, the sum was €384,870 and the payment was received in 2021. To my knowledge, that payment was 58% larger, if I am correct, per the Comptroller and Auditor General, than what should have been paid out under the terms of the scheme. Can Mr. O'Loughlin understand why that is grossly unacceptable from a governance perspective and from a trust point of view? Can he understand why, irrespective of somebody's longevity of service, within the racing community, as both of us know, having knowledge of the racing community, there are so many roles within it that are very well remunerated and people can move on after doing work in organisations such as this one, that such a payment was not in the best interest of horseracing in Ireland? Being 58% larger than what should have been paid out, it was damaging from a public relations point of view as well.