Mr. Carey resigned from his roles as chairman of Enterprise Ireland and The Housing Agency following inquiries about late account filings for his company, East Coast Bakehouse. He attributed the delays to administrative errors and an unexpected need to change auditors, but assured there were no financial issues at the company. Acknowledging the high profile of his roles, he decided to step down to prevent any embarrassment or distraction from the agencies' important work. Careful measures are being implemented to resolve these governance issues going forward.
Mr Carey announced his resignation from his roles as chairman of Enterprise Ireland and The Housing Agency due to late account filings at his company, East Coast Bakehouse.
Carey acknowledged that his firm faced issues with late filings attributed to management errors, estimating that over 15,000 firms experience similar delays each year.
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