Oireachtas Joint and Select Committees

Thursday, 20 June 2024

Public Accounts Committee

Financial Statements 2022: Horse Racing Ireland
Financial Statements 2022: Irish Horseracing Regulatory Board

9:00 am

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

Okay. I am aware Mr. O'Loughlin does not come from a racing background. He came from the IPU into racing. I have been on many a track where jockeys have been injured. I have seen a lot of things as a racing spectator. It is appalling when a severe injury takes place, and then there are the ramifications. I am sure Mr. O'Loughlin has become very aware of the long-term healthcare ramifications for jockeys who have been paralysed and had other severe injuries. I do not understand how anybody in their right mind could see a pot of money raised with the best of intentions by people in the racing community for people who are desperately in need of it and decide to transfer it into an IHRB account. These are people who have been injured in their line of work, with lifelong consequences and their families must go through hell because people have been injured in the sport they love. My question is why that was necessary. Who made that decision? Why was it necessary to take the €350,000 and put it into a bank account? It was taken out of that charity fund and put into an IHRB account.

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