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Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Apologies have been received from Deputies Cahill and Kehoe. I will take the Chair for this meeting. Before we begin, I remind members and witnesses to turn off their mobile phones. Members are requested to ensure their mobile phones are turned off completely or switched to a flight safety mode, whichever is appropriate to the device, for the duration of the meeting. It is very important...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Could I ask-----

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: I instruct members and witnesses to talk to the topic on the agenda. I do not want to go into other issues. We must stick to the topic on which the Irish Horseracing Regulatory Board was asked to attend this committee meeting.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: But-----

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: The figure is €242,990.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: That is HRI's contribution-----

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: That is taxpayers' money.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: That is taxpayers' money, Paul. It is the €242,000.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: That is where the split came. The HRI money was €242,000 and the Turf Club money was €141,000.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Paul, you are over time by three minutes. I will come back to you.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Could I just get clarity on this? The package was €380,000-plus.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: So €242,000 basically came from the Department. You could argue the point that this is State money. The sum of €141,880 was the top-up, for lack of a better word to describe it.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Why was that topped up?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: By whom was that third party professional services firm hired?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: The IHRB got an outside consultant to evaluate the potential package, and the top-up then came from the Turf Club to fill the hole regarding the potential package.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Would you not consider that totally irregular?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Has the Turf Club ever corresponded with you, as an organisation, about the €141,000? Will this be the next CEO's proposal, that he will have another top-up from the Turf Club?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: I am well aware of that.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: It is quite a bizarre situation, though. I know of no other organisation where an outside entity would channel money into it for a top-up for a retirement fund. It is potentially unheard of.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Governance Issues: Irish Horseracing Regulatory Board (Resumed) (6 Nov 2024)

Tim Lombard: Four of those directors who were there in 2021 are still in place. Am I right?

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