Results 1,201-1,220 of 4,152 for speaker:Cormac Devlin

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: Mr. O'Loughlin said that issues came to light as he was preparing for today's meeting. Is that correct?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: For how long was Mr. O'Loughlin preparing for the meeting?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: On Tuesday

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: The timeframe was not too long. I was expecting Mr. O'Loughlin to say preparation started a week ago or so. Given the fact that it started on Monday, issues arose on Tuesday morning, today is Thursday, with that timeframe, I cannot fathom why somebody from the finance department cannot be here. Certain questions are not being answered because of that. As Mr. O'Loughlin will appreciate,...

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: I would take it a step further. Given the fact that Mr. O'Loughlin cannot answer certain questions today - I understand why; he has outlined the reasons - we might need to reconvene when he is in a position to do so, rather than leaving the matters to be answered in notes to come back to the committee or waiting for another calendar year to go by. The issues that cannot be discussed today...

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: As I said earlier, I appreciate the fact that Mr. O'Loughlin came before the committee. It is a bombshell for us. I am sure it is a bombshell for him and the organisation. He stated there are five members of staff in the finance department. The head of that department cannot be here. How long has the CFO been in place?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: Was the revelation on Tuesday morning something Mr. O'Loughlin discovered during his preparation or was it brought to his attention during his preparation?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: I know from the responses earlier that the Department is aware. Has the matter been referred to the relevant authorities external to the IHRB and the Department? I understand the Department only found out about this last night.

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: If it is as serious as Mr. O'Loughlin implied it might be, given that he cannot answer any questions on the issue, how soon does he plan on ensuring the relevant agencies and statutory authorities are informed of the disclosures that have not yet been made?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: I will turn to Mr. Cronin, head of communication and strategy. If my phone is buzzing over here, I have no doubt that his phone will be melting by this afternoon with questions for the organisation, if not today, through the next few days. How has the issue that arose been communicated to the organisation?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: Does that communication have any implications for any other staff member? How many staff are there in total at present?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: The core staff, however, are the 25. Is that correct?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: When Mr. O'Loughlin says all the staff were communicated with, were they the 125 members or just the core staff?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: I am a bit perplexed; I asked the head of the communication section and the CEO responded. Is Mr. O’Loughlin concerned from a legal perspective as to why no one else can make a statement about this matter and it has to come from him?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: Turning to the Department in respect of engagement, to me, the hint is in the name, whereby it is the regulatory board that is having problems. Will an official comment on the level of engagement that goes on between the regulatory board and the Department? Who oversees the relationship?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: I know all the history-----

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: My time is limited.

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: How regular is regular? I need answers.

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: Okay, but again, how regular are the discussions? I attend these committee meetings regularly and that is once a week. Are the meetings held once a week, once a month or what?

Public Accounts Committee: Financial Statements 2021: Irish Horseracing Regulatory Board (29 Jun 2023)

Cormac Devlin: Given the nature of the revelations today, we as a committee should look to meet the officials again soon in order that we can establish more information on what has been unveiled today.