Housing
McVerry Trust blocked from disposing of assets without government approval
Housing Minister Darragh O’Brien insists that “urgent” steps are taken to strengthen charity’s financial and governance oversight
The Peter McVerry Trust will not be allowed dispose of properties and assets without government approval under the terms of a €15 million state bailout.
The government last week approved emergency funding for the organisation on an exceptional basis after it emerged earlier this summer that it had run into financial difficulties.
Darragh O’Brien, the minister for housing, has insisted that “urgent” steps are taken to strengthen the organisation’s financial and governance processes.
Under the ...