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Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: The sound is being interrupted.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I am sorry, but Deputy Carthy has gone over his time.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I will let Deputy Carthy back in during the second round of questions, if there is time. I call Deputy Verona Murphy, who has ten minutes and I will give her a reminder of the time after seven minutes.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I need to move on to Deputy Devlin. I will let Deputy Murphy back in for a second round if we get through all the speakers.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: The Deputy's connection is quite bad.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I will let the Deputy back in. We are gone over time.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I will let Deputy Munster in for a second round. I call Deputy Hourigan.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I have a few questions. I will revert to the CCTV issue. Some €9.1 million was allocated to IHRB for this back in 2018. As I understand it, we have 25 racecourses around the country and at this point one racecourse has CCTV installed. Is that correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: One racecourse has CCTV. This is part of funding coming from the State. Some of that money was reallocated, as Mr. Kavanagh explained. I understand that €3.9 million was used for personnel costs. I ask him to briefly explain what those costs were.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I understand that. Mr. Kavanagh does not need to name them all.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Three years after that money was allocated, one out of 25 racecourses has CCTV installed. Would Mr. Kavanagh agree that that is a very poor outcome?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Okay. The IHRB is funded by HRI and it also regulates the HRI. HRI funds the IHRB but the IHRB regulates the body that funds it. Is that correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: It is the regulator for the industry which the HRI, a semi-State body, is responsible for overseeing. Is that not correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: When can we expect all 25 racecourses to have CCTV in stable yards?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Are we talking about six months or a year?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: This is a matter we may revisit in the future. I refer to the issue of the board and Mr. Kavanagh's position as CEO. Normally, CEOs serve seven years and Mr. Kavanagh has been in the position since 2001. Is that correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Is it good practice for him to have completed three terms? Will he be seeking a fourth term?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: From his point of view, will Mr. Kavanagh be seeking a fourth term?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I ask Mr. Kavanagh to confirm what the salary is for the position of CEO.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: That is a nice bit above what would be normal for the CEO of a semi-State organisation, the average being about €110,000. Is that correct? It is significantly above that.

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