Oireachtas Joint and Select Committees
Wednesday, 6 November 2024
Joint Oireachtas Committee on Agriculture, Food and the Marine
Governance Issues: Irish Horseracing Regulatory Board (Resumed)
5:30 pm
Tim Lombard (Fine Gael)
Link to this: Individually | In context | Oireachtas source
My final point is about the cash flow issue that the IHRB experienced. I do not think there was any malice or personal gain to what happened, but it was a cash flow issue that brought the IHRB into that scenario. As an organisation, what management changes has IHRB put in place to make sure it does not have another cash flow issue, taking into consideration changes in staff and redundancy? I am not sure. Issues might emerge within the organisation. Has the IHRB looked at other cash flow elements? How did it run into this cash flow issue? I think making redundancy payments was the issue. What strategic planning is happening to make sure that the IHRB does not have these cash flow issues?