Mr. Darragh O'Loughlin:

The Mazars review is taking longer than I, too, believed it would. It is a very thorough review and, as a result, it is time-consuming. We have provided Mazars with almost six years' worth of our financial, banking and relevant personnel records and so on. I do not want to conflate the issue of concern that came to our knowledge in June of this year with the retirement of the former CEO. The former CEO's retirement package was outlined clearly in the annual report and financial statements for 2021, and there is controversy around the payment he received in addition to what was referred to in the scheme rules in place at the time.

We acknowledged this controversy was there. The additional moneys he received were paid by the Turf Club and Irish National Hunt Steeplechase. These moneys were not State moneys. There was no misapplication of State money. There is very little I can say about what will be in the Mazars review because, as the Cathaoirleach has said, it has not yet concluded. We have provided Mazars with many hundreds of documents and answered every query it has had. We have given it access to all of the relevant personnel and it has interviewed the people it wants to talk to. As we have committed previously, once the review is complete and we receive the findings and recommendations we will publish them and implement the recommendations.