Matt Carthy (Cavan-Monaghan, Sinn Fein)
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Just to remind members, in May 2021, the then CEO of the IHRB announced to all members of staff that there was an early retirement and voluntary redundancy scheme available. Between 11 May and 11 June he himself applied for early retirement, but on 11 June, one month after the rest of the organisation were informed of the terms, a formal agreement was concluded providing for the termination of his employment with effect from 30 September. That amounted to a payment, as Mr. McCarthy has said, of €384,000, which was €141,000 above the terms that would have applied under his own scheme. As I said, somebody needs to explain how and why that happened. The former CEO applied for it and then apparently there was a separate negotiation strand taking place. It does not make sense on any basis. I know of no other organisation where such a process would be allowed apply.