18/05/2010

Stud Faces 'Fás Like' Expenses Probe

The Labour Party is calling for the Ireland's racehorse breeding facility to face questions over alleged extravagant spending of taxpayer's money.

Labour's Seán Sherlock said today he has requested representatives of the Irish National Stud be brought before the Oireachtas Agricultural Committee to explain their "Fás-like" expenses regime.

The National Stud is a thoroughbred horse breeding facility based at Tully in County Kildare. It was opened in April 1946 under the National Stud Act and is owned and paid for by the Irish Government.

Speaking today Deputy Sherlock said: "Reports in today's media state that the Irish National Stud paid more than €130,000 in household bills for the former Chief Executive and his wife, including electricity and heating bills. There were also credit card bills running into thousands, not to mention a patio that cost €22,000 back in 2008.

"This is the kind of lavish lifestyle funded from taxpayers money that has angered the public and justifiably so. There are serious questions that must now be answered with regard to the running of the National Stud. Over a ten-year period it seems that management was given free reign to act and spend how they pleased, while answering to no one.

Mr Sherlock went on to say he had formally requested that representatives of the stud come before the Agriculture Committee and address issues such as: expenditure, corporate governance, and the management and treatment of personnel.

(DW/BMcC)

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