Transparency International (TI) Ireland has said it “stands over” a new study showing that private companies must improve their openness and transparency on how they operate, how they are financed, and how they interact with political systems. The transparency watchdog assessed company policies and procedures in 30 leading private companies in Ireland and found none scored more than 70% and the average index score was 51%. Transparency Ireland sent a number of unsolicited emails to CityJet in 2020, initially during CityJet’s examinership process and in the midst of the pandemic, which were not prioritised or engaged in. Transparency Ireland chose to assume CityJet did not fit this group,” they added. TI Ireland, she said, stood over the process and report findings: “Companies did have ample opportunity to engage with us on this.

Source: Irish Examiner May 21, 2021 05:30 UTC