What is truth?

Posts tagged ‘Oireachtas Public Accounts Committee’

If you thought FAS was Bad?

 

Many people might have forgotten that it was our own Mr.Dick Roche, the then Minster for the Environment, Heritage and Local Government who appointed Mr. Donal O’Connor as Chairperson of the Dublin Docklands Development Authority in may 2007

Mr. O’Connor was a Senior Partner of PricewaterhouseCoopers (PwC) in Ireland and was a member of the Global Board of PwC and Chairman of PricewaterhouseCoopers Euro firms Board at the time. He was also a member of the Board of the Irish Auditing and Accounting Supervisory Authority (IAASA) and was Administrator of Icarom Plc – formerly the Insurance Corporation of Ireland.

DONAL O’CONNOR (58)
was appointed Chairman in December 2008 and Executive Chairman in February 2009, having joined the Board of
Anglo Irish Bank in June 2008. He was the Senior Partner of PricewaterhouseCoopers (PwC) in Ireland and was a member of the PwC Global Board and Chairman of the Eurofirms Board. He is a Non-executive Director of Elan Corporation plc and Readymix plc. He is a former Chairman of the Dublin Docklands Development Authority, and a former Director of the Irish Auditing and Accounting Supervisory Authority.

(This is an example of how incestuous Irish business is, and proof that this golden circle is alive and well in Ireland )

One should have known then that this individual was certainly used to the high life at the time and with all the rest of his commitments how was he going to give his full attention to his new posting.

Dick also appointed four other directors to the Executive Board of the Authority. at the same time and they were

* Mr. Donal Curtin, Partner, Byrne, Curtin, Kelly Ltd, Chartered Accountants;
* Mr. Brendan Malone, Partner, Malone Power & Company, Chartered Accountants;
* Ms. Mary Moylan, Assistant Secretary, Department of the Environment Heritage and Local Government – and
* Ms. Niamh O’Sullivan, Partner, Arup Consulting Engineers.
these people are all part of a golden circle that seem to get the plum jobs

For more information on these ladies and gents activities follow link here
http://www.independent.ie/national-news/dockland-chiefs-ran-up-8364600000-travel-bill-2091713.html

Oh Dick, what were you thinking? Was there no control on what there lads were spending?

According to the head of the Oireachtas Public Accounts Committee has described a travel bill of over €600,000 run up by the Dublin Docklands Development Authority (DDDA) as an “orgy of spending”.

Reports in today’s newspapers claim the DDDA splashed the cash on luxury travel, expensive meals and fine wines.

The authority has accumulated losses of over €200m.

Fine Gael TD and PAC chairman Bernard Allen said such a culture of excess has to be curbed.

“I think these people were in a parallel universe,” Deputy Allen said. “At the time they thought that the world was their oyster.”

He said the bill raises major issues regarding the governance of the DDDA, which did not seem to be subject to any accountability.

What are the chances that any of these leaches will ever come before a courthouse?

None what about political accountability, sorry none there neither

We the people of Ireland are left with paying the bill for these high flyers

Who is surprised by this?

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