Horse Racing Ireland could be called upon by the Public Accounts Committee to explain the loss of 389,000 that arose after the company that used to undertake its cash-in-transit services went into liquidation in 2019.
In August 2019, HRI was named as one of numerous creditors of Business Mobile Security Services, the holding company of Senaca, which was responsible for the transport of Tote takings, along with gate receipts and cash takings from Leopardstown, Fairyhouse, and Tipperary.
At the time, HRI was seeking the return of 539,000 in cash, and the final sum written off in the 2019 accounts came to 389,000.
On Friday, HRI’s chief executive Brian Kavanagh, who insisted the authority would be happy to explain the figures, said: “Dur…
Read the full article at: https://www.bloodhorse.com/horse-racing/articles/245812/hri-may-be-quizzed-after-loss-to-liquidated-company
