There must be “absolute transparency and full accountability” when it comes to the state funding allocated to the horse and greyhound racing industries, according to a Sinn Féin TD.

As Minister for Agriculture Charlie McConalogue and a number of TDs discussed the Horse and Greyhound Racing Fund Regulations 2020 motion, Sinn Féin’s Matt Carthy said if “close to €100 million” is going to be paid to one particular sector, it must be ensured that the money is spent in the right way.

“At a time when even the sectors that come under the auspices of the minister’s own department, such as beef farming, sheep farming and dairy farming are struggling, we have to be absolutely sure that the money will be well spent,” he said.

There must be absolute transparency and full accountability. A full appraisal must be carried out to ensure that the money being invested is invested in the right way, to ensure proper regional balance among the beneficiaries of the fund and to ensure that the principle of animal welfare is supported.

“We must ensure that we can stand over everything we do and every cent of taxpayers’ money we spend with regard to many people’s real concerns about animal welfare, particularly in the greyhound sector.”

Minister McConalogue said part of the reason for the allocation of €96 million to the fund for horse and greyhound racing in 2021 is because these industries “make a significant and valuable contribution to our economy”.

“It is estimated that the thoroughbred industry has an annual economic impact of €1.9 billion, with direct and indirect employment of 29,000 people, while the greyhound sector provides an estimated 12,000 people with economic benefit,” the minister said.

There has been significant controversy since the Social Democrats’ brought forward its motion last week, to oppose increased funding for Irish greyhound racing and is calling on the government to phase out state support for the sector.

The government amendment, which neutralised the motion, passed with 94 votes in favour, compared to 57 against. This meant the Social Democrats’ motion did not progress.

Speaking this week during the debate, Social Democrats’ TD Holly Cairns said there is “extraordinary public support” for an end to the state “propping up this highly problematic industry and shielding it from commercial realities”.

The vast majority of the general public cannot understand why government continues to blatantly ignore common sense on this issue.

“Not only does our government plan to continue funding it – to my surprise this plan was supported by all government parties, Sinn Féin and the Labour Party – it is also increasing funding by €2.4 million.

“This will bring the total allocation in the 2021 budget to €19.2 million. It does not have to be this way. It is scandalous, unacceptable and indefensible.”