Verona Murphy (Wexford, Independent)
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The Approved Housing Bodies Regulatory Authority has appointed an inspector to the Peter McVerry Trust, which is citing cashflow pressures. I will list a number of questions to which I would like Mr. Doyle to respond to the committee in writing because I accept that is probably is not something he is prepared for. When and how the Minister discover the problem with the Peter McVerry Trust finances? What financial controls were in place in the housing body? What oversight did the Department have relating to expenditures of housing associations? Can Mr. Doyle clarify if donations and Government grants were paid into the same bank account? Are any of the companies trading within the Peter McVerry Trust insolvent? Can Mr. Doyle outline the tender process pursued relating to expenditure? At this stage, what financial exposure is emerging from the housing body to the Department? Will the regulator's report be made available to the Committee of Public Accounts and when will that happen? Has Mr. Doyle any difficulty with those questions?