Concern over ‘potential mismanagement’ of Peter McVerry Trust donations

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Concern over ‘potential mismanagement’ of Peter McVerry Trust donations
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Charity chief executive stated board of homeless charity had made his position ‘untenable’

Francis Doherty, who took over as head of the trust this June, tendered his resignation on Wednesday. Photograph: Bryan Meade/Peter McVerry Trust/PAhas raised concerns about the “potential mismanagement” of donations made to the homelessness charity, as well as “repeated and long-standing governance failings” over several years.

He said that when he took over, the charity did not have enough money to pay staff, creditors or meet Revenue commitments. Last month, the Approved Housing Bodies Regulatory Authority , who regulate non-profit housing bodies, launched a statutory investigation into financial issues at the charity. The correspondence revealed the charity owes €6.9 million to trade creditors, with some suppliers threatening to stop providing services.

The senior executive said there had been a “lack of urgency” in how the board responded to concerns he raised about financial matters. A spokeswoman for the charity said it was “disappointed” Mr Doherty had resigned, but its priority was the continuity of care for those in its services.

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