Oireachtas Joint and Select Committees
Tuesday, 30 September 2025
Joint Oireachtas Committee on Housing, Local Government and Heritage
Peter McVerry Trust: Discussion
2:00 am
Joe Flaherty (Fianna Fail)
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I said that I was not happy with the reaction of the Approved Housing Bodies Regulatory Authority to this issue. Cavalier developers were telling us as early as 2021 that the Peter McVerry Trust was out of control. If a cavalier developer is telling us that someone is out of control, we can take it that they are definitely out of control. They said it was buying properties to no end. The Approved Housing Bodies Regulatory Authority must have seen these figures. It must have had concerns about this rapid escalation over a two- to three-year period. It would have dipped in to have a look at the figures at that stage.