Get all your news in one place.
100's of premium titles.
One app.
Start reading
Dublin Live
Dublin Live
National
Kim O'Leary

RTE payments scandal: What is a barter account and how does it work?

RTE has confirmed in its latest statement that payments made to Ryan Tubridy were done through a barter account, but what exactly is a barter account?

Last month it emerged that national broadcaster RTE had paid former Late Late Show presenter Ryan Tubridy €345,000 extra in monies that wasn’t publicly declared over a five year period. Ryan Tubridy has publicly apologised for failing to ask questions about payments he received from RTE, but said that he had "no responsibility for the corporate governance in RTE or how or what they publish in their accounts."

The Oireachtas Media Committee is due to meet at 1:30pm today to seek answers about barter accounts from RTE board members and executives. These include former chairwoman of the RTE board, Moya Doherty, and former chief financial officer Breda O’Keeffe. It is understood that RTE has forwarded a document to the Joint Oireachtas Committee confirming that there are two more barter accounts.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.