Over 1,000 abuse victims are still owed €6 million from the Christian Brothers | JOE.ie

A fund for institutional abuse survivors is facing the “catastrophic” impact of running out of money because the religious order still owes it over €6 million.

It was set up in 2014 to manage a fund of €110 million, and distribute it to survivors who had health, housing or educational needs. The fund was made up of money pledged by religious congregations which ran institutions where young children were physically, sexually and emotionally abused. The Christian Brothers caused controversy last year after it tried to sell playing fields which it owns at Clonkeen College in Blackrock for €18 million. It said it was using the sale to cover its debt to Caranua. The sale has still not been finalised.

The board heard that if Caranua is paid by the Christian Brothers, there will be enough money to pay all of the survivors who have applied for funding.“However, if the funding is delayed, this will result in an increase in operational costs, and therefore a deficit would arise. As the fund has a statutory maximum, there will be no additional funds forthcoming - therefore there can be no deficit,” the Caranua board minutes said.

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Church chiefs slammed as sex abuse victims still wait on €250m compensationNew figures reveal the religious orders have paid less than half of what they said they would hand over
Source: IrishMirror - 🏆 4. / 98 Read more »

JOE's Song Of The Day #823 - Little Hours 'Dream, Girl' | JOE.ieToday's song of the day was by Donegal's John Doherty AKA LittleHoursBand. The song marks a new era as Little Hours goes from band to solo artist.
Source: JOEdotie - 🏆 31. / 51 Read more »

Students receiving their Leaving Cert results urged to remain calm | JOE.ieStudents receiving their Leaving Cert results urged to remain calm Good luck to them all today,no matter what the results they all did great getting to this level and doing the exams 👏👏👏👏 Grab the result, dont fret, it means little and in a few years time you’ll recognise that and wonderful what all the fuss was about. Approach life with everything you’ve got and you’ll be fine. You want to get somewhere, there are dozens of avenues
Source: JOEdotie - 🏆 31. / 51 Read more »

'Ireland is f*****' under no deal Brexit, according to UK cabinet minister | JOE.ie'Ireland is f*****' under no deal Brexit, according to UK cabinet minister Meh. Tan propaganda, I put no stock in this.
Source: JOEdotie - 🏆 31. / 51 Read more »

Humanity takes major step towards vaccination for chlamydia | JOE.ieHumanity takes major step towards vaccination for chlamydia Really i thought it was Gemma O Doherty Good news for you MitchelNevin Djbn01 You know who I mean
Source: JOEdotie - 🏆 31. / 51 Read more »