Beleaguered ChildFund Ireland ‘open to takeovers or mergers’

Interim charity chief executive paused previous merger talks during investigation by regulator which found ‘excessive and inappropriate spending’ by the former chief and finance director

Barry J Whyte

Chief Feature Writer @whytebarry
4th July, 2021
Beleaguered ChildFund Ireland  ‘open to takeovers or mergers’
Michael Kiely, the former chief executive of ChildFund Ireland.

ChildFund Ireland, the beleaguered charity, is open “to all potential scenarios” of mergers or takeovers after a damning report by the Charities Regulator found excessive spending on salaries and expenses and inadequate oversight by its board.

The report found that the charity had been warned as far back as 2017 that its salaries to key management were “excessive and may be considered tantamount to mismanagement of public funds”.

Martin Nolan, the charity’s...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

ChildFund Ireland was warned in 2017 over ‘excessive’ salaries to key managers

Charities Barry J Whyte 2 months ago

‘The number one rule is that we never judge anyone’

Charities Donal O'Keeffe 4 months ago

Embattled Irish arm of ChildFund gets €60k

Charities Barry J Whyte 4 months ago

Buckley winds down Haiti charity

Charities Róisín Burke 5 months ago