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

Mr. Darragh O'Loughlin:

I absolutely appreciate I am coming across as combative and unhelpful but I could not agree with the Deputy more. We want to draw a line under this. We want to bring this process to an end. We want this Mazars report published as soon as possible. We want to take whatever actions naturally fall out of that report. Far from damaging the integrity of Irish racing, I would say had we not immediately come clean when we became aware of this, there would have been a slow undermining of the integrity. This process and all to do with it is taking longer than I thought it would. It is taking longer than I think it should but it is taking as long as it is taking. However, it is important this be dealt with thoroughly, properly and transparently and that is what we are attempting to do.

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