Oireachtas Joint and Select Committees

Thursday, 29 June 2023

Public Accounts Committee

Financial Statements 2021: Irish Horseracing Regulatory Board

9:30 am

Mr. Seamus McCarthy:

Exactly. This is the difficulty. You have touched on it, a Leas-Chathaoirligh; it is the walls between the Turf Club and the IHRB. It is really important that everybody is very clear about them, and the controls that operate to ensure that public business and the management of public money is kept separate from any other transactions. We also have the Turf Club and the steeplechase committee nominating the directors of the IHRB, so it is really important that the control environment is very tight and very clear so that we can give the assurance that is necessary around how public money has been used.