Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
THE ENERGY REGULATOR will await a report from Ervia on allegations that funds were misappropriated at the former Bord Gáis Eireann before deciding on what action to take.
However, the semi-state company is remaining tight-lipped on the exact details of the investigation.
In response to a query from this website, Ervia (formerly known as Bord Gáis Eireann) said:
Ervia has retained KPMG to investigate an allegation made about a potential issue that may have arisen approximately ten years ago within Bord Gáis Eireann.
The Irish Examiner reports that a former employee has alleged that as much as €500,000 was misappropriated from local authorities in both the Republic and in Northern Ireland.
According to the paper, the whistleblower said they did not feel comfortable making the allegations until after they had left the company.
A spokesperson for the Commission for Energy Regulation said it expects to receive a report once Ervia has completed its own investigation.
“Upon receipt of the report, CER will consider what, if any, further action to take on the matter,” they added.
Bord Gáis Éireann was rebranded as Ervia earlier this year.
To embed this post, copy the code below on your site
If KPMG told me it was Tuesday I’d still check the calendar.
What about if KPMG girl told you?
KPMG have found the missing €500k and sent in an invoice for €750k
Classic
Is this not one for the Gardai ? rather than KPMG ?
There is no corruption in Ireland !
Run Rabbit run Rabbit run, run, run….
ah yeah, KPMG one of the big 4 who said everything was super with Irish Nationwide before the crash. Im sure they will be as thorough as ever. How the f&*& is their repuation not in tatters
Think they used to audit the Irish Lotto before, you really have to wonder if that was all on the up and up-id say plenty of snouts got stuck in
Audit? The guy stood there and watched the balls roll around in the lotto machine.
Apparently that’s how all their audits were performed … standing around watching someone else’s balls.
Go whistle blowers. The more the merrier!
What a surprise!
Not surprised at all. Wonder how many people where over charged for gas usage to keep that covered up so the alleged crime was committed.
Hah!!
KPMG “investigates” Bord Gais on misappropriated funds?
Is that not like Pol Pot investigating Hitler on human rights issues?
Good ould (weal sign off on anything for the right price) KPMG.
Irish Nationwide’s (aka The Bank of Finger’s) very own “auditors”
Parasites.
KPMG, a company i never heard of until that drunk girl went viral. Does her old man still work for them?
I’d say she is a senior partner now. Probably advised closing down metro-herald as well, the spoilt brat!
Went to work today, told my boss I lost €500,000. He said no bodge. Ireland’s a grand auld place.
Jesus it was resting in my account
I fear that the story of how I came to obtain ‘loads of matador stuff’ is about to be revealed.
If they were the auditors, they were already paid to check if any funds were misappropriated.
In kennys own words it,s a grand little country to do business in
Smithers: I have a much stronger word for it sir..MISAPPROPRIATION!
€500k misappropriated and it takes 10 years to discover it.
That’s gas.
It takes a thief to catch a thief
I suppose it all depends
never a truer word said .
Is it from BG or by BG? Article is not clear based on the headline.
I wonder how much it cost the tax payer to get this little gem from the illustrious KPMG?
500k indeed…pittance in the scheme of things
have your say