Peter McVerry Trust problems ‘eminently salvageable’, says charity rescue expert

The go-to problem-solver for charities in trouble in Ireland, David Hall, praised the "exceptionally dedicated and qualified staff" at the housing charity.

Fr Peter McVerry said on local radio on Thursday that the financial problems at the PMVT have come about because his charity had tried to help too many people, too fast. Picture: Gareth Chaney/ Collins Photos

Charities in Ireland have suffered a distinctly bruised reputation over the past seven years, but the latest story of financial irregularity at a major housing charity appears to be a tale of too much expansion, too fast.

Scandals at charities such as Console damaged public confidence in the sector over the past decade, while ensuring stricter controls and regulation were introduced via heightened powers for the charities regulator.