logo
Boss of care home group in RTÉ Investigates says his ‘resignation' was mistakenly filed with Companies Office

Boss of care home group in RTÉ Investigates says his ‘resignation' was mistakenly filed with Companies Office

Irish Times17 hours ago
The chief executive of a nursing home group wants the High Court to rectify an official record incorrectly stating he resigned as a director.
Two of the company's homes featured in a recent
RTÉ
Investigates programme.
Neal McGroarty, CEO of Emeis Ireland Ltd, says human error had caused his name to be entered by mistake on one of a large volume of documents filed with the
Companies Registration Office
(CRO) to notify the resignation of director Alan Donnelly with effect from May 9.
The name on the form should have been that of Mr Donnelly, who also resigned as director of 30 companies in the group, which has a total of 33 companies.
READ MORE
Mr McGroarty says adverse publicity already in the public domain about the company's business affairs had been compounded by the erroneous filing to the CRO.
As only the High Court can approve the rectification of such an error, Emeis applied for a hearing before a judge to have it rectified. That hearing was due to take place at the end of this month.
On Wednesday, Emeis asked Mr Justice Brian Cregan to give an earlier hearing of its application over the incorrect filing as it has affected the reputation of the company and Mr McGroarty.
It may also cause stress for the residents and their families as it creates an incorrect impression of uncertainty, it was claimed.
The RTÉ programme, broadcast on June 4, showed multiple examples of alleged care failings and neglect of vulnerable older residents at two nursing homes run by Emeis Ireland.
In an affidavit, Mr McGroarty said significant media attention had focused on the company and he had been questioned by the media as to why he had supposedly stepped down as a director when in fact he had not.
Emeis is seeking a court order requiring the CRO to remove the relevant B10 form that was filed, rectify it and reinstate Mr McGroarty as director.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hostelworld shares slump amid ‘underwhelming' trading in first half of year
Hostelworld shares slump amid ‘underwhelming' trading in first half of year

Irish Times

time30 minutes ago

  • Irish Times

Hostelworld shares slump amid ‘underwhelming' trading in first half of year

Hostelworld , the hostel booking group that targets millennial and Gen-Z backpackers, saw its shares slumped in early trading on Thursday after saying its net bookings and revenues were flat in the first six months of the year. Still, the Dublin-based group's chief executive Gary Morrison said that he has been encouraged by more positive booking trends in June. Davy analyst Paul Ruddy characterised the start to the year as 'underwhelming'. Shares in Hostelworld fell as much as 11 per cent to £1.26 in early deals in London, where most of the trading activity in the stock takes place. READ MORE Net revenue for the six months amounted to €46.7 million, unchanged compared to the same period last year, while net bookings were also flat, at 3.7 million, and the average booking value dipped 1 per cent to €13.40. [ Hostelworld to return dividend for first time since before pandemic Opens in new window ] However, June booking volumes and average booking values were up in June, boosted by a strong pick-up in demand among European travellers for beds on the continent – helped by a modest decline in bed prices. Last year had seen travellers shift bookings towards low-cost destination in Asia and central America. 'Trading over the last six months has been in line with expectation,' said Mr Morrison. 'Although trading in the first half showed mixed results across regions and channels, we are encouraged by the positive trends observed in June.' Hostelworld said in a strategy update in April that it plans to return to paying dividends this year for the first time since before the Covid-19 pandemic, as the hostel-booking group also eyes 'selective' deals to broaden its business. It aims to return to a progressive dividend policy of 20-40 per cent of net profits, starting with an interim payment in the second half of this year. The group reached an important milestone in 2023 when it repaid €28.8 million of high-cost loans drawn down from US specialist lender HPS Investments three years ahead of schedule. This was facilitated with the help of €17.4 million of much cheaper loans from AIB, all of which has since been paid back ahead of schedule. The company also agreed with Revenue early last year to repay €9.6 million of warehoused taxes, racked up during the Covid-19 pandemic, over the next three years.

More than €110 million earmarked for pensions and allowances returned to exchequer, PAC told
More than €110 million earmarked for pensions and allowances returned to exchequer, PAC told

Irish Times

timean hour ago

  • Irish Times

More than €110 million earmarked for pensions and allowances returned to exchequer, PAC told

The Department of Public Expenditure gave the exchequer back more than €110 million which had been earmarked for spending on pensions and allowances for retired Civil Service personnel. Department secretary general David Moloney is expected to tell the Dáil Public Accounts Committee on Thursday that the surplus in 2023 arose primarily due to underspending. This related to lump sums for retiring staff and greater-than-anticipated contributions being received under the Single Public Service Pension scheme, which was introduced for new staff employed after 2013. The committee is expected to question Mr Moloney on Thursday about recent revelations that an error in pension calculations could lead to Ministers and civil servants owing thousands of euro to the State. READ MORE Issues at the National Shared Services Office (NSSO) may also lead to some Ministers being owed thousands. Sums that will need to be recouped by the State range from hundreds of euro to more than €30,000. The issues were first disclosed publicly by Minister for Public Expenditure Jack Chambers last month. Aside from the implications for ministerial pensions, a pool of up to 13,000 civil servants may be affected by the matter and are having their pension deductions checked. Mr Chambers told the Oireachtas finance committee last month that the issue stemmed originally from a pension appeal decision issued in 2017 when an individual questioned their own pension entitlement. Mr Moloney told the committee in an opening statement, submitted in advance of Thursday's hearing, that during the course of the Comptroller and Auditor General's 2023 audit on superannuation and retired allowances – the appropriation account of what is known as Vote 12 – 'weaknesses were identified in the internal control environment within the NSSO and within Vote 12's oversight processes'. 'The issue related to the payment of chargeable excess taxes (CET) to the Revenue Commissioners by the NSSO on behalf of Vote 12. A review of the Department's internal controls was concluded and changes were made to oversight arrangements.' Mr Moloney will tell the committee that in respect superannuation and retired allowances, the net out-turn for 2023 was €195.9 million, compared to an estimate of €306.7 million, giving a surplus to surrender of €110.8 million.

AIB pushes ahead with AI adoption
AIB pushes ahead with AI adoption

Irish Times

time3 hours ago

  • Irish Times

AIB pushes ahead with AI adoption

AIB has begun a wider roll-out of artificial intelligence (AI) tools to its workforce, partnering with tech giant Microsoft to drive innovation at the bank. But the new tools will not have access to customer data or systems, the bank said. Instead, the AI-powered tools are intended to take over repetitive tasks for staff, allowing them to concentrate on more specialised work. The capabilities are being extended to Microsoft productivity tools used by staff such as Outlook, Word, Excel, Teams, and PowerPoint, and coding tool Github. The majority of the company's 10,000-strong workforce will have access to the technology, AIB said. 'We started the journey well over 12 months ago, where we had a model pilot of about 70 people in the organisation, a representative group,' explained AIB's chief technology officer Graham Fagan. 'We took a lot of learnings from that and built the group up to 1,000 people that properly represented the different teams across the organisation. The findings from that has brought us to this point now, where we're scaling it.' READ MORE AIB has become one of the frontrunners in embracing AI in Ireland's banking industry. Last year, it introduced a conversational assistant, called Abi, to customers to help with everyday banking questions across its phone and online banking systems. It also established of a centre of excellence for AI to explore how it could be used within the business. As part of that, the bank is using Copilot Studio to develop tailored AI solutions for the bank, such as enabling teams to rapidly synthesise customer insights from complex data sources to support faster, more informed decision-making. The bank is planning to introduce a secure, enterprise-grade AI coding tool with GitHub Copilot, enabling it to speed up software development. 'We'll keep our finger on the pulse with regards to global development,' Mr Fagan said. AI has become increasingly accessible to companies and their workers, with use of the technology surging in recent months. 'AIB is pioneering the adoption of AI in the Irish financial services sector, and we're proud to support them on this transformative journey,' said Catherine Doyle, General Manager, Microsoft Ireland. 'This strategic relationship, built over many years, reflects a shared commitment to innovation, trust, and responsible AI.' Research published by Microsoft and Trinity College Dublin predicts AI will add up to €250 billion to Ireland's economy by 2035. But there are concerns over the impact of the technology on the wider jobs market, as the technology takes over tasks that may have previously been performed by people. AIB said it remains committed to engagement with the Financial Services Union on the continued implementation of AI capabilities. The FSU has called on AIB to sign up to an agreed approach with the union on AI adoption, similar to one it has with Bank of Ireland. 'AI is advancing at a rapid pace. It is vital that unions, employers, regulators and legislators work together to ensure a fair and transparent implementation program,' FSU secretary general John O'Connell said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store