In a shocking revelation, it has been uncovered that Bob Jordan, the Chief Executive of the Housing Agency, sold an investment property to the Peter McVerry Trust, one of Ireland’s largest charities for homeless people. This transaction has raised concerns about a conflict of interest, especially given Mr. Jordan’s influential role in the housing sector. Despite being employed by Dublin City Council and managing funding for the charity through the Dublin Regional Homeless Executive, he proceeded with the sale in 2020.
The sale, which was not conducted on the open market, has sparked controversy and questions about the ethics surrounding the transaction. Critics, including corporate governance expert Jillian van Turnhout, have highlighted the potential conflicts of interest in the deal. The story has gained attention due to the significant role the Peter McVerry Trust plays in providing Housing First services to the State and the charity’s recent governance issues.
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