Four board members in place during financial scandal still directors of IHRB

A long running investigation into the saga by Forvis Mazars found that a €350,000 transfer from the Jockeys’ Emergency Fund to the IHRB had breached the Charities Act.

The IHRB offices at the Curragh Racecourse. Photo by David Fitzgerald/Sportsfile

A Dáil Committee yesterday questioned how confidence could be restored in the Irish Horseracing Regulatory Board (IHRB) after another extraordinary revelation by racing’s oversight body.

It emerged that four board members – who were in place at the IHRB as it oversaw a misappropriation of funds in the organisation – remain in their positions today.