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THE RELIGIOUS SISTERS of Charity order is to gift land worth €200 million to the State as it transfers ownership of the St Vincent’s Healthcare Group.
In 2017 the order stepped down from the board of the hospital group. The move came after controversy over the religious congregation’s involvement in the new national maternity hospital, which is to move from Holles St to the same campus as St Vincent’s Hospital.
The sisters had to get permission from the Vatican to give up its ownership of the land and at the end of last year said the transfer was “imminent”.
In a statement today, the order said it received approval from the Holy See to transfer ownership and hopes the transfer can be concluded “without undue delays”.
“This will enable the completion of transfer of ownership of the St Vincent’s Healthcare Group site from the congregation to a new, independent, charitable body to be called St Vincent’s Holdings CLG,” it said.
“The new St Vincent’s Holdings CLG will continue to be a not-for-profit organisation. In the event of the new St Vincent’s Holdings CLG going into liquidation, its surplus assets will be vested with the Charity Regulator and used for future healthcare purposes with similar values, to benefit the people of Ireland.”
It said this now marks the final movement towards completion of all legal, financial and regulatory matters involved in the transfer of the sisters’ 186-year involvement in the hospital.
“We thank everyone who has supported us in recent years as we formalise the final steps towards our departure from St Vincent’s Healthcare Group and hope that the transfer can now swiftly move to completion,” said Sr Patricia Lenihan, Superior General, Religious Sisters of Charity.
“We are confident that the St Vincent’s Healthcare Group board, management and staff will continue to provide acute healthcare services that foster [the founder] Mary Aikenhead’s mission and core values of dignity, compassion, justice, equality and advocacy for all into the future.”
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SF will raid the public finances and funnel the money to their masters in Belfast
@Paul M Doe: 100% they would luckly the Irish people are smart and only under 20% think they are a smart move the rest see through what they are dangerous child predators.
@Paul M Doe: 4 comments and 3 of them are by you !
Wa*ker
@sean weir: insults is all you have lol
@Paul M Doe: I believe that to be your domain whatever troll account you will reply with Paul Dope and if you actually botherdd reading the piece you’d kniw that that is claimed about all three and smaller parties, can bots read though?
I am always suspicious of any “expert” who uses the term “broaden the tax base” which is a cover used by right-wing ideologues pushing to shift the tax burden on to those who can least afford it
@Jim O’Sullivan: In the article he mentions “broaden the tax base” in relation to the USC, this tax is very hard to avoid by the wealthy (compared to income tax) thus the wealthier end up paying more tax.
Also it is a good idea to broaden the tax base over different taxes as it will hopefully lead to a smaller reduction in austerity when the next recession hits. You can’t keep going to the same well, regardless as to how it’s performing now, without it eventually running dry. We seem to have learned nothing from the last crash, when we were dependent on stamp duty and building taxes. Most countries realise that if they want to vote left then that will lead to more taxes for everyone (not saying this is bad in general), here all we get from the left is, “the rich will fund everything”.
@Jim O’Sullivan: You clearly don’t understand the concept then, broadening the tax base is moving reliance on taxes that are volatile and are concentrated, and should the revenue reduce from these reduce there needs to be an alternative.
Most PAYE, USC is paid by those on 70k plus , not a huge salary , over 1m people with taxable income don’t pay anything as there income is deemed low.
All income should be taxed and all taxpayers file an annual return then those who are genuinely not well off get reliefs to help.
@Paul O’Mahoney: Not a huge salary, for a single individual? Get real
@The next small thing: As the rich should but as usual, no, pay tyeir fair share and as shown, that they do not do. In tax cuts, they save hundreds whereas low to medium income benefit sweet FA, as shown in every budget year after year. Ironic how the rich consider themselves set upon.
@Brian D’Arcy: spot on Brian, on both your comments!
@Paul O’Mahoney: @Paul O’Mahoney: On the contrary, I fully understand. Please read the latest Oxfam report on wealth distribution in Ireland. It makes for shameful reading and shows clearly that our tax system is heavily skewed to favour the well-off.
I’ll save people the effort of reading the article. The answer is too much from all of the parties running for election.
have your say