2019. The chairman is Murdoch MacLennan. The group website is inm.. Controversies There have been questions about the policy of not consolidating the 98%-owned but loss-making Sunday Tribune, and on the other hand the practice of consolidating entirely the massively profitable APN News & Media, which was less than 41%-owned. In the half-year to June 2007, for example, the group reported operating profits of €155 million—but this excluded €1.5 million of losses from the Tribune, and included €85 million from APN (whereas a proportionate share of profit would have been, at that time, €32 million). There have also been questions about APN, which was acquired in transactions involving both the group and the O'Reilly family, and profited the latter greatly, and about the massive level of group debt (over €1.3 billion). Furthermore, there have been complaints about the level of power of the O'Reilly family, the independence or otherwise of the board, and about the costs of O'Reilly as CEO, with second-largest shareholder Denis O'Brien and others having noted travel costs from O'Reilly's primary home in the Bahamas, company payments towards his now second home in Kilcullen, near Dublin, on top of large salary and other contributions. The groups' failure to cover the controversy surrounding INM director Brian Mulroney has also been criticised. Mulroney was the subject of an inquiry by Canadian Privy Council because of his part in a scandal involving the purchase of Airbus by Air Canada, and also his relationship to German arms dealer Karlheinz Schreiber. The group's relationship with a variety of entertainment and public relationships firms via Clear Channel Independent has also been seen as problematic. Independent News and Media was identified by the National Union of Journalists (NUJ) as an employer where "bullying" and "lack of support" was rampant. The survey said 93% of the respondent claimed they didn't receive proper support from the management and 20% of them complained of bullying at work. The survey also claimed 96% of the respondent complained that they had to work overtime and 55% of them said they were forced to do so. INM declined to comment on the survey. [24] See also List of Irish companies References External links Official site Independent Online South Africa 2019 mergers and acquisitions