FRANK FLANNERY HAS been paid over €400,000 in consultancy fees by Rehab since he stepped down as its CEO.
He received €409,000 for “lobbying and consultancy” services between 2007 and 2013, the Public Accounts Committee heard this morning.
Figures revealed to the PAC showed that he regularly received payments of over €5,000 a month for this work.
His services would have been employed by recently departed CEO Angela Kerins, according to current Finance Director Keith Poole. Neither Flannery nor Kerins appeared in front of the Oireachtas Committee today with both sending legal letters last night to Rehab, prohibiting the group from speaking further publicly about their renumeration.
The Committee heard today that Flannery received the following in fees over the past seven years:
There was much controversy over the standing of Laragh Consulting, the firm he had been using to process invoices for those fees. Keith Poole, Director of Finance for Rehab, admitted that it was only in January 2013 that he discovered that Laragh had been struck off the Companies Register as a functioning company. After that, he said, he required Flannery to file his invoices under his own name.
Flannery had told Poole at that time that “it was in hand” and that he “sorting out” getting Laragh back on the Companies Register. However, as of a few weeks ago, Laragh Consulting was still not on the register.
It emerged later, under questioning from TD Mary Lou McDonald, that the company had essentially been what she called a “busted flush” since 2009.
The PAC hearing of issues concerning Rehab’s use of public money continues after 1pm.
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