Peter McVerry Trust has 'financial issues'.

According to the Indo, the Trust on the verge of collapse. How could they have wasted so much money?

https://m.independent.ie/irish-news/politics/peter-mcverry-ceo-resigns-warning-of-imminent-financial-collapse-of-charity/a1796277818.html

I hope we just have full transparency as without that, trust is lost.

Significant money was flying into that organisation. What was it spent on, and how did that fit into any value for money strategy?

What was their business plan, they appear to have taken on many new staff in a very short number of recent years, 700+ now in total, we are told.

So long after poor regulation in the CT years was well documented, we have a housing sector that has only adopted proper regulation, that is statutory, in the last year.

As a country, we really are late to the party when it comes to proper governance. This seems yet another example of this.

Our public finances are awash with money. It does look like money is administered and then there's very limited scrutiny.

I bet individuals and companies who donated to this organisation must be thinking, WTF?

There's no outrage at questions being asked.

There is outrage at generalised slurs about 'CEOs milking the state' and the 'poverty industry' and people hiding behind charity/governance issues when they really want to take a dig at the principle of providing essential services to vulnerable people.

These lads who couldn't organise a piss up in a brewery and probably worse will be looking for tax payer cash to bail them out. Mark my words.

They must not get a cent of our money and an example should be made.

Hopefully this will shine a light on the operations of the PMcV trust.

And not before time IMO, if the indications of financial impropriety whether from incompetence or more sinister reasons are true. And should a charity be engaging in property speculation buying and selling properties rather than concentrating on it's original remit? The fact that the CEO has taken a look at the books, tried to fix it and felt forced to resign is the reddest of flags.

It also raises the questions what about other "charities" and NGOs? Are they either run as shoddily, or is there something else at play? Are taxpayers getting the most efficient results from our annual €6.2 billion* largesse? Do we need all this replication in the same sectors, with replicated CEO and staff costs? There is a history of some of these charities using donations as a means of topping up their own pay and pensions.

That's before you look at the likes of Console, Bóthar, or lavish spending with little or no oversight such as at Rehab and Childfund to name just two.

I don't understand given the above examples how anyone can blithely say, nothing to see here folks, and get outraged at anyone daring to ask any questions. This is beyond me, but then again I work in the private sector and don't have anything to do with any NGOs, tax aided or otherwise. This isn't aimed at any particular charities but at the waste and lack of oversight of money, that if spent properly, could make our society better.

*€6.2 billion is from Benefacts final report before it was closed down in 2021. Benefacts was the public body that had oversight of all NGOs/Charites/Non Profits etc until it's funding "ran out" in 2022. Since then, there are no published reports of government spending in this area.

It says they sold properties in Santry to try to cover their debts. Surely a supposedly homeless charity shouldn't be selling off houses?

Are you trying a bit of back seat modding now? If you’ve a problem with any of my posts, report them, or suck it up.

No one got shouted down. Relevant facts were shown to counter the generalised slurs against an entire industry.

Unfortunately for you, you seem to have missed the key point here.

There entire model of outsourcing of essential services for vulnerable people through funded contracts with charitable organisations is owned by Government, particularly the FG led governments of the last twelve years in power. If you’ve a problem with how government funds charitable organisations or how government regulates charitable organisations, your first complaint should be to the Government and parties that dramatically extended this model.

PMV doesn’t decide who gets what funding. That’s down to the Government.

Very strange that the trust has financial issues. Surely fiscal malpractice or outright stealing by someone? Up to the 70s the state had a good record of house building. They may need to dissolve all these housing charities and trusts and start providing housing for those who can't buy privately.

Where did I say I had exposed anything?

Once again, you misquote and twist other posters' words. You had better work harder on that advice.

So what 'waste and corruption' were you referring to?

Surely you’ve been in touch with Gardai about the criminal fraud committed?