Oireachtas Joint and Select Committees
Thursday, 17 October 2024
Public Accounts Committee
Financial Statements 2023 - Charities Regulatory Authority
9:30 am
Mairéad Farrell (Galway West, Sinn Fein)
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Okay. On the back of this, I ask the regulator to come back to the committee with detail. It could look back to 2017 and see what the story is with those three structures and whether there have been any others. An Teachta Verona Murphy outlined the concern about the amount of staff the regulator has to look through 11,060 charities and whether it has enough funding to be able to look at these kind of things in their entirety. I ask the regulator to come back to us specifically on that.
Something that stood out to me was that you went from a deficit of €6.3 million to a surplus of €79.1 million. It seems like a massive saving. I am wondering how that turnaround happened.