Alleged fraud and legal bills cost Bóthar €713,058 via IrishTimesBiz
The accounts also reveal the legal and other costs bill totals €347,500 which was incurred in the 12 months to the end of June 2020.
The doard has also disposed of shares held, to help fund the legal and other costs “and thereby secure the continuance of the company”. Mr Gleeson explained that “despite full co-operation from the current Board members and the new CEO, it has not been possible to furnish us with all the information and explanations, which we consider necessary for the purposes of our audit”.
In the High Court, David Moloney, who resigned as CEO in February 2021, said he and the former chief executive, the late Peter Ireton, misappropriated hundreds of thousands of euro in cash
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