January 25th 2024
The Audit and Risk Committee (ARC) of the RT Board commissioned Grant Thornton to conduct an independent fact-finding review in relation to Toy Show The Musical, as part of an ongoing and thorough process in addressing issues around management, governance and culture in RT . The review is now complete, and the Report has been furnished to the ARC and to the RT Board.
You can view the report here.
It confirms a significant lapse in oversight of the project.
The Board acknowledged the serious deficiencies now highlighted in the Report at a Board meeting last July and has since taken the necessary steps to ensure there is no repeat of these failures.
The Report finds that Board approval was required for Toy Show the Musical, and it also finds that the formal approval of the Board was neither sought nor provided for.
The Report clearly illustrates that the Board was not kept appropriately informed about the project as it was being developed. External expert advice was ignored. Information was also withheld from the Board. Significant contracts were committed to without the knowledge or approval of the full Board.
The Executive should have been interrogated by the Board on the project, on an ongoing basis and in a much more rigorous fashion.
The commercial risks associated with an undertaking of this nature were grossly underestimated. The project was not appropriately stress tested.
The Report also highlights a failure in generally accepted accounting practices, in that sponsorship was not correctly presented to the Board and all costs were not properly captured and linked to the project.
Since this series of events, the relationship between the Board and the Executive has been redefined and governance structures have been reformed and strengthened.
Risk assessment is now central in all decision making at Interim Leadership Team level.
The Board now receives the minutes of all Interim Leadership Team meetings at its scheduled meetings.
A new formal approval process has been established for significant expenditure projects, which goes through both the Interim Leadership Team and the Board.
All submissions to the Board relating to expenditure approvals must now include a risk assessment and a business case.
The level above which Board authorisation is required has also been lowered to 1 million. This applies to sports rights, programme acquisitions, programme commissions and operating expenditure.
We are working with the two Government appointed Expert Advisory Committees on Governance and Culture and Contractor Fees, Human Resources and other matters which were announced in July and are anticipated to report in February. We are committed to continuously reviewing processes to ensure that they are in line with best practice.
As Chair of the RT Board I would like to apologise to the public and to the staff of RT . The Board is focused on driving the change necessary to fully restore confidence in the organisation, and to working with Government to establish a sustainable funding model that will ensure that RT can continue to deliver on its important public service media remit.
ENDS
More from RTE
05/12/2025
The Grinch steals the spotlight as the theme for The Late Late Toy Show 2025
Tune in tonight at 9:35pm on RT One and worldwide on RT Player
#LateLateToyShow...
05/12/2025
RT Announces New Presenters of Flagship News Programmes
New RT Six One News co-presenter Tommy Meskill
Sarah McInerney & Justin McCarthy join Morning Ir...
04/12/2025
Following today's EBU Winter General Assembly in Geneva at which Israel's participation in the 2026 Eurovision Song Contest was confirmed, RT 's pos...
04/12/2025
The ninth series of Dancing with the Stars returns to screens in early
2026 and will be proudly sponsored by Hyundai
Filling our Sunday evenings with glitz an...
03/12/2025
S an Nollaig
Celebrate 2025's top Irish sporting stars with RT Sport Awards live from RT Studios on RT One and RT Player
RT pays tribute to Ror...
02/12/2025
S an Nollaig
Hollywood blockbusters The Banshees of Inisherin, Barbie and Oppenheimer make their Irish TV debut
Tune into the classics such as Love Actual...
02/12/2025
Showcasing fresh Irish storytelling and emerging talent Storyland 2025 signals a fantastic time for Irish drama
RT and F s ireann/Screen Ireland are proud to...
01/12/2025
As the festive season approaches, RT Supporting the Arts is proud to showcase a...
01/12/2025
Festive specials of Christmas in Kilmainham presented by Marty Whelan, High Road Low Road, Callan Kicks the Year and Keys to My Life
Ring in the New Year with ...
01/12/2025
Architect and television presenter Hugh Wallace, best known to RT audiences as a long-serving judge on Home of the Year, has died at the age of 68.
In a state...
28/11/2025
Unwrapped: The Toy Show Appeal - airing this Sunday on RT One and RT Player- s...
27/11/2025
World champion boxer and Irish sporting icon Katie Taylor will be in studio this...
27/11/2025
Roblox, one of the world's most popular online gaming platforms for primary ...
24/11/2025
Ahead of the new ninth series of Dancing with the Stars, kicking off in January 2026, RT and Shinawil have announced the arrival of three new faces to the hit ...
20/11/2025
It's the Late Late Toy Show BIG BIG Ticket Giveaway day!
It's the Late ...
20/11/2025
The How To Gael pocast gals, comedian Chris Kent and quizzer Darragh Ennis drop by for the fifth episode of The 2 Johnnies Late Night Lock In
In the penultimat...
20/11/2025
Tonight on RT Prime Time, Marie Crowe on how a Reading School changed her son&#...
19/11/2025
Michael D. Higgins: Ireland's Ninth President features RT Archives footage and interviews across seven decades
Watch Wednesday 19 November at 9:35pm on RT...
18/11/2025
DJ Carey: The Dodger starts Monday 24th November at 9.35pm on RT One and RT Pl...
14/11/2025
The Late Late Toy Show blasts off!
RT launches The Late Late Toy Show's of...
13/11/2025
Legendary actor and proud Irishman Gabriel Byrne will be in studio this week to ...
13/11/2025
Tonight's crucial Republic of Ireland World Cup qualifier v Portugal at the ...
13/11/2025
In the fourth episode of The 2 Johnnies Late Night Lock In the lads are joined b...
12/11/2025
RT Choice Music Prize
In association with IMRO and IRMA
2 0 2 6 K E Y D A T E S
Irish Album of the Year 2025 Shortlist 19th January
Irish Song of the ...
12/11/2025
Parents jailed for over two years after bringing their daughter to hospital for ...
11/11/2025
After international award wins, the much-loved children's series returns with 13 brand new episodes with some very special children and guests including Ros...
10/11/2025
76 animals. Six locations. Two Irish stars. One Pet Mobile.
From surfing dogs t...
07/11/2025
SLEIGH BELLS RING ARE YOU WINNING?
THE LATE LATE TOY SHOW BIG BIG TICKET GIVEAWAY EXCLUSIVE ACROSS RT CHANNELS
On Friday 21 November, listeners across all R...
06/11/2025
RT Announces Alex Walden as General Manager of the
RTE Concert Orchestra
Alex Walden, renowned orchestra manager, most recently for the BBC Concert Orche...
06/11/2025
Actors Steve Coogan and anna Hardwicke will be on the Late Late Show this week ...
06/11/2025
In the third episode of The 2 Johnnies Late Night Lock In actor Danny O'Carr...
05/11/2025
New schedule will be live on-air Monday 10 November
Brand-new Today with David McCullagh from 9am
Oliver Callan in all-new extended show from 11am to 1pm
Kie...
05/11/2025
Explore the future with Science Week on RT
Dive into a week of innovative, themed programming and content across RT television, radio and online
Includes a ...
05/11/2025
Get ready for six weeks of United FC, a brand-new, feel-good teen docuseries kic...
04/11/2025
Begins Thursday November 6 on RT One and RT Player at 10:15pm
Camogie: Inside...
03/11/2025
They've made that decision and ruined an awful lot of people's lives.
...
31/10/2025
The RT Raidi na Gaeltachta Award 2025 will be presented to journalist P il n N Chiar in at the Oireachtas na Samhna in Belfast tomorrow, Saturday 1 November,...
31/10/2025
RT lyric fm is calling for choirs across Ireland to share their festive music-m...
31/10/2025
Three awards were presented to RT Raidi na Gaeltachta broadcasters at the Oire...
31/10/2025
RT continues its proud tradition of championing Ireland's vibrant arts and cultural landscape through its RT Supporting the Arts initiative. This November...
31/10/2025
RT selects Irish independent production company to produce Christian Worship on...
30/10/2025
RT Concert Orchestra in November and December
Collaborations with RT Radio 1's Sunday Miscellany (2 December) and RT 2FM's Late Breakfast (9 Decembe...
30/10/2025
Johnny B and Johnny Smacks are back tonight for the second episode of the new se...
30/10/2025
First look of Jon Bon Jovi's interview with Patrick Kielty
Jon Bon Jovi is ...
29/10/2025
RT PUBLISHES 2024 ANNUAL REPORT
RT REPORTS NET SURPLUS OF 5.5 MILLION IN 2024
A YEAR WITH MANY SPECIAL EVENTS UEFA EUROS 2024, THE OLYMPICS AND PARALYMP...
24/10/2025
FIRST PLACE AND 5,000 LYNDA McCARTHY FOR WITNESS'
SECOND PLACE AND 4,000 ANGELA FINN FOR A SPECTRUM OF SORROW'
THIRD PLACE AND 3,000 IAN FE...
24/10/2025
RT will provide extensive coverage of the results of the Presidential Election across television, radio and online on Saturday, 25 October 2025.
Throughout th...
24/10/2025
New Coaches, New Families and New Challenges Set for Ireland's Fittest Famil...
24/10/2025
Westlife, Imelda May and Ben Elton among the guests on this week's Late Late...
January 25th 2024
