TWO blocks of long-standing Cork GAA bank accounts, totalling seven in all and containing €176,000, have been discovered in a trawl of old accounts by the County Board executive, the Irish Examiner can reveal. Members of the high-powered ‘One Cork’ body, established to put Cork GAA on an upwardly financial trajectory, have also expressed disquiet at the revelations, which were relayed this week. The statement added: “Going forward, these bank accounts will be incorporated in the Financial Statement and be accounted for separately. It is recommended that these bank accounts be properly ring-fenced and with immediate effect be included within the Cork County Board financial statements. “The current treasurer has advised that the latest payments from Croke Park were retained in a Cork County Board bank account.”Asked whether they were satisfied there are no other bank accounts, dormant or active, with undeclared monies in the name of Cork GAA or any of its constituent parts/committees, Cork GAA stated: “Yes, we are at this point.”

Source: Irish Examiner May 28, 2021 19:30 UTC