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Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Can Ms Eade forward those appraisals to the Committee of Public Accounts?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: That is grand. How does Ms Eade feel HRI is performing on behalf of its patrons? Does it get many complaints? Have there been any issues?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: I am referring to complaints.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Did HRI inform that there would be an increase in prize money and then withdraw that this year?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: What of the structure? If somebody wins something, how long does it take to pay out the money?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: It would not be seven months.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: There are never any issues.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: I have received a number of complaints from HRI's patrons. They vary. It would appear there has been a serious diminution of what is handed out by HRI.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: In different competitions, let us say, HRI's prize money may not have changed but how it is passing it out and all of that has. I will pass the complaints on to Ms Eade.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: I will be looking into it further because there seems to be a varied approach. We cannot forget that HRI is a structure to help the sector and regulate it but it cannot be all one-sided at the same time. To go back to the disposal of lands, will Ms Eade explain that to the committee? On paper, this looks like another case of poor judgment.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Who valued the land?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: HRI got one valuation. Is that correct?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: HRI just got one valuation.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Did Mr. Blake sign off on that?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Mr. Blake is from the Department. Would Mr. Blake need to sign off on it?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Only one valuation was done.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: When public money is being spent I would have thought that at least two valuations would have been done so that we would not have this issue. Is that how we have ended up with this issue? Was the valuation incorrect?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: I asked if the valuation was incorrect.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: Unfortunately, HRI did accept the valuation.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
(22 Sep 2022)

Verona Murphy: I want to address two issues. I may be wrong, but there will be a video record of the meeting. Earlier, I asked Ms Eade about the loss on paper, as we call it, relating to the lands in Tipperary. She said that the Department had signed off, but Mr. Blake told my colleague that the Department did not even have notice of that. Somebody needs to correct that. Mr. Blake said that he did not...

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