Greyhound body’s debt sets off alarm bells in Agriculture

The full extent of Bord na gCon’s mounting debt and the exact source of it will not be known until its accounts are published, writes Investigative Correspondent Conor Ryan

A LARGE amount of debt heaped on the Irish Greyhound Board because of the unravelling of its budget plans for its new stadium in Limerick has sounded alarms in its parent department.

Agriculture Minister Simon Coveney has been told the commercial semi-state is edging ever closer to its €25m borrowing limit.