Housing
McVerry Trust claims full €15 million government bailout as charity seeks new auditor
Housing and homeless charity subject to ongoing probe by Charities Regulator
Peter McVerry Trust has claimed €15 million in emergency funding from the government as Darragh O’Brien, the housing minister, prepares to appoint new independent board members to the charity.
The housing and homeless organisation sought the emergency funding late last year following revelations of financial difficulties.
O’Brien got cabinet approval shortly before Christmas for a €15 million emergency bailout package to rescue the charity with payments to be made on a phased basis.
Business Post Print and Digital Bundle
The Business Post delivered to your door every Sunday – plus digital all week. Sign up here.