The report reveals significant governance failures, detailing how funds were misused and an external auditor was employed to obscure the charity's direct involvement in property purchases.
Investigators found that funds meant for specific charitable purposes were diverted, raising serious concerns about financial accountability and oversight within the largest NGO for emergency accommodation.
Inspectors Thomas Mulholland and Deirdre Carwood emphasized the serious lack of financial controls, undermining the board's ability to effectively manage and oversee charity operations.
The charity's troubled history includes a €15 million government bailout after being on the brink of collapse, prompting renewed scrutiny of its governance and financial practices.
#charity-oversight #financial-mismanagement #governance-issues #emergency-accommodation #regulatory-findings
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