Oireachtas Joint and Select Committees

Thursday, 20 November 2025

Public Accounts Committee

Exceptional Funding of the Peter McVerry Trust: Discussion

2:00 am

Mr. Fergal O'Leary:

No. In terms of our powers, the consideration here is whether cancellation would make this better. Would it bring this entity, whatever it looks like, into compliance quicker. That is still a power we can use. In terms of whether it is too big to fail, the AHB is not.

The State-funded assets could be moved out. It is not an easy thing to do but they could be moved out to another organisation. The timeline of what we have seen over 2025, since we published the inspector's report, is that the organisation is willing to improve. Critically - and this is what I am relying on here - it is giving us evidence all of the time that it is improving and moving in the right direction. I also want to be clear to this committee, and I have said it in the housing one, that we are not there yet. It is going to take more time because it needs to review its whole organisation remodel. This new board needs to be afforded the opportunity to do that - and it is doing it.

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