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

Mr. Darragh O'Loughlin:

I am going back to September 2021 because the report says that is when the payment was made. At the beginning of September, the IHRB received the money for the September budget. The Deputy is correct that this sum would not have been included in the budget because it was not foreseen at the beginning of the year when the budget was done. The payment was made. There would always be a balance in the bank account. The bank account of the IHRB is not zero.