Tony O’Brien, chairman of the Peter McVerry Trust, at a new housing project on Townsend Street in Dublin. Photograph: Nick Bradshaw
The Peter McVerry Trust has written down the value of its €162 million property portfolio by €23 million, after uncovering major flaws in its financial accounts.
Two years after crisis struck the housing and homeless charity, it is only now in a position to send overdue financial accounts for 2023 to regulators and the Dáil Public Accounts Committee.
Trust chairman Tony O’Brien, the former HSE chief who joined the board in May, said property value
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