Professor's timely lesson
Published 21/05/2010 | 05:00
Professor Niamh Brennan fired a timely shot at government yesterday on the perils of making political appointments to the boards of semi-state bodies. The eminent expert on corporate governance stated government ministers are "too conflicted" to make impartial decisions on appointees.
The management of the Dublin Docklands Development Authority (DDDA), where she is now the broom-sweeping chairperson, bear out her suspicions on the frailties of the appointments system.
The latest example of past low standards in the DDDA come with the revelation records of key meetings from the period when the €426.8m Irish Glass Bottle site was purchased have gone missing. Notes relating to at least four meetings of the authority's influential finance and risk committees, both of which disgraced banker Sean FitzPatrick astonishingly sat on, cannot be found.