skip to main content

Docklands Authority to be investigated

DDDA - Final reports published
DDDA - Final reports published

A final version of a report into the activities of the Dublin Docklands Development Authority has said the former chief executive failed to fully inform the board of the organisation.

Former CEO Paul Maloney is disputing the report's findings.

In March, RTÉ News revealed the contents of three draft reports into the activities of the financially troubled DDDA.

Minister for Environment John Gormley has now published the final versions. Read the reports.

He has also asked the Comptroller and Auditor General to investigate the authority.

The reports say internal controls at the organisation were overridden by senior management.

They said Mr Maloney's superiors had no oversight of his execution of responsibilities for staff contracts and salaries.

The reports said this was because he had not brought these issues to the board's attention.

However, Mr Maloney said: 'I reject the findings on salaries as these matters had always been delegated to successive CEOs.'

He added: 'I note the complete withdrawal and collapse of the most serious allegation against the Executive that 'key planning information was systematically and deliberately withheld from the Board'.

'This climbdown raises serious concerns about the flawed and irresponsible compilation of the first report which lacked fair procedures and due process.'

'Examples of this still remain in final report. I and no doubt others will deal with this in another forum accordingly.'

DDDA to address corporate governance failures

Chairman of the Dublin Docklands Development Authority Niamh Brennan said: 'The overriding objective of the Executive Board and staff of the Docklands Authority is to address the legacy of past failures in Corporate Governance.

'These have undermined public confidence in the organisation, imperilled our financial position and given rise to serious concerns about past decisions made by the Docklands Authority.'

She told an Oireachtas committee late last year that the organisation had written down the value of some of its property by millions of euro and that the body would be in deficit to the tune of nearly €250m this year.

The huge losses come after the DDDA engaged in massive property speculation. The losses will now have to be picked up by the taxpayer.

The Environment Minister has been accused of 'poor and partisan judgement' after he decided to allow the Comptroller and Auditor General to investigate the DDDA, six months after opposing a similar measure from Fine Gael.

Fine Gael's Phil Hogan said his party's legislation would have allowed the Comptroller to launch a full investigation into property dealings at the DDDA, but was voted down by Fianna Fáil and the Green Party.

Mr Hogan claimed it was clear that Minister Gormley's priorities 'lie with protecting his Fianna Fáil partners in Government rather than getting to the heart of the DDDA scandal'.

He also said the reports published today contained no detailed investigation of the activities of the DDDA board and the conflicts of interest of senior officials at Anglo Irish Bank.