National Stud stays in public ownership but board to be overhauled

THE controversial Irish National Stud will remain in public ownership, but the revamp of its boardroom will continue with the appointments of new directors, according to Agriculture Minister Simon Coveney.

He confirmed that the Government would go against independent advice and retain the INS as a semi-state enterprise. He believed it would break even this year, despite its difficulties.

In the meantime, the minister said he would take the opportunity further to shake up the boardroom.