The figure emerges in the latest set of accounts filed for the charity
The alleged misappropriation of funds at Bóthar first came to public attention through High Court injunction proceedings brought by Bóthar in 2021 against its former chief executive David Moloney. The accounts show that Bothar’s income from donations plummeted by 41.6 per cent from €2.83 million to €1.65 million in the 12 months to the end of June 2021.
The latest accounts, which were approved by directors on Monday of this week, show that there have been “substantial costs” to the charity in pursuing matters connected to the alleged fraud. The directors also state that “our intention is to recommence active fundraising once we have published our accounts and communicated clearly with stakeholders”.
The bulk of the €1.2 million bill to Bother from the alleged fraud is connected “legal and other costs”, which totalled €810,353 for 2021 and 2020.
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