Oireachtas Joint and Select Committees
Thursday, 17 October 2024
Public Accounts Committee
Financial Statements 2023 - Charities Regulatory Authority
9:30 am
Paul McAuliffe (Dublin North West, Fianna Fail)
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In some cases in community structures, for example, the people involved are very well meaning but perhaps do not have the experience and so on. That is the weakness of corporate governance in Ireland. It is the reason we will have other instances. We are not resourcing the boards. That brings me to my second point, which is the recruitment and retention of board members. Why in God's name would anybody volunteer to be on a board where the responsibility is so onerous and they have no resources to exercise their function, other than those controlled by the CEO and the organisation? We are hanging many directors out to dry. In some cases these bodies are spending almost entirely State money.