Irish Red Cross rebuffs allegations of serious debt

THE Irish Red Cross Society has denied strongly that it is “debt-ridden” after it was reported the charity is in serious debt, paralysed by bad management and in urgent need of reform.

The Red Cross said it does not have an outstanding €8.5 million debt and was satisfied with its levels of accountability, governance and transparency.

“The €8.5m debt referred to in a newspaper report does not exist.