Tag Archives: Payments

Minister for Children and Youth Affairs Katherine Zappone

This afternoon.

Further to public outcry, Katherine Zappone has revised her decision to not pay childcare providers who close their service in order to attend a protest next Wednesday.

That initial decision, Ms Zappone said on Tuesday, was based on “legal advice”.

This afternoon, a press release from the Department for Children and Youth Affairs states:

Having considered the concerns and circumstances of the Childcare sector, Minister Zappone has instructed the Department of Children and Youth Affairs and Pobal to authorise payments to childcare services who close during the day of protest on February 5th.

Payments will be made on condition that Childcare Providers find an alternative, suitable date for parents to avail of childcare services in lieu of the day that the Service is closed.

Statement by Minister Katherine Zappone T.D. on payments to Childcare Services for the Day of Protest (Department of Children and Youth Affairs)

Earlier: And Your Little Dog Too


‘SECRET’ top-up payments to disability charity chiefs on salaries up to €150,000 are being investigated by Department of Health officials. The officials are conducting a high-level probe into how the charities are spending €1.5bn in state funding.They now believe some senior executives are getting extra payments on top of their salaries.

…One leading charity, Rehab, made it clear that it did not welcome  [Health Minister] Dr Reilly’s request for information on its chief executive Angela Kerins’ package. Rehab chairman Brian Kerr told the minister that Ms Kerins’ remuneration was “not a matter in which you have a role” as her salary was funded from money raised from other commercial sources rather than out of the €36m the charity received from the State last year. He did, however, tell Dr Reilly that Ms Kerins received a salary of €234,000. But he denied she was getting bonus payments on top of that


Spare a thought for Angela though.

She made €400,000 in 2009.

Probe into top-ups for €150,000 Charity Chiefs (Eilish O’Regan, Irish Independent)

January total: € 3,043,517,536

February total: €1,196,513,804

From Bondwatch:

Ah January, a new month, a new year, and a very happy month it’s going to be for the bondholders of Anglo Irish Bank (and let’s not any of us, please, start using its new nom-de-plume). A dead bank, a zombie bank, a bank with now just a single reason for its own continued existence – to pay Irish taxpayers’ money on its own failed bonds.

It started on Tuesday of this week, a mere €2,000,0000 paid out to a lucky US$ Bondholder, it continues for the rest of this month, five Anglo bonds in total including a €1bn ‘covered’ (by us) bond on Jan 22nd but culminating surely in the unsecured €1.25bn bond on Jan 25th.


The Dirty Dozen (Bondwatch)

Previously: The Anglo Bondholders: The Complete List