Saturday 26 May 2018

James Fitzsimons: We've barely scratched the surface of our mistakes

Charities' accounts are subject to scrutiny but as with the banks that doesn't mean much, says James Fitzsimons

Paul Kiely (left) the former chief executive of the Dublin based Central Remedial Clinic and acting chief executive Jim Nugent (right) leaving Leinster House after giving evidence at PAC last month
Paul Kiely (left) the former chief executive of the Dublin based Central Remedial Clinic and acting chief executive Jim Nugent (right) leaving Leinster House after giving evidence at PAC last month

James Fitzsimons

Five years ago, the financial crisis uncovered the outrageous remuneration and pensions of bankers and their kind. It shocked most people, even politicians.

It's a pity they weren't half as eager to get to the bottom of things then as they seem to be now, in the case of the Central Remedial Clinic revelations.

Paul Kiely's €742,000 severance package seems outrageous, but cheap when compared to what bankers, politicians and bureaucrats took when screwing up the country. By the time we found out that there was nobody in the Department of Finance qualified to deal with the crisis, it was too late to stop it. Even if there was, they weren't ready.

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