Rapid expansion of Peter McVerry Trust was 'reckless', chairman tells Oireachtas committee

It was also confirmed at the committee that there were three creditors seeking payment from the Peter McVerry Trust who had not yet been paid.

There was a degree of “recklessness” about the rapid expansion of the Peter McVerry Trust, the organisation’s chair has said.

Chairman of the board of directors Tony O’Brien has acknowledged and apologised for the “serious financial and governance issues” within the Peter McVerry Trust in recent years.