Altada directors alleged to have ‘perpetrated fraud’ over €500k loan

Ireland News News

Altada directors alleged to have ‘perpetrated fraud’ over €500k loan
Ireland Latest News,Ireland Headlines
  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

In a 39-page affidavit filed with the High Court, the liquidator outlines a number of “significant concerns” surrounding the €500,000 emergency loan and charge against Altada's assets

The directors of Altada, the Cork-based tech firm, perpetrated fraud when the company drew down a €500,000 emergency loan in September last year without securing the prior consent of shareholders, the liquidator of the company has alleged.

The allegations refer to the three directors of Altada at the time of the events last year. The three are Allan Beechinor and Niamh Parker, the husband-and-wife team who were co-chief executives of the company, and Martin O’Brien, ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

businessposthq /  🏆 8. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Parents of baby who died settle High Court actionParents of baby who died settle High Court actionThe parents of a premature baby who died have settled a High Court action but said they ‘couldn’t believe how callous’ hospital staff had been.
Read more »

Afghan asylum seeker takes High Court case after being left homeless since arrivalAfghan asylum seeker takes High Court case after being left homeless since arrivalMan seeks urgent mandatory injunction forcing the State to provide him with accommodation
Read more »

High Court to hear Enoch Burke's appeal todayHigh Court to hear Enoch Burke's appeal todayEnoch Burke's appeal against orders of the High Court refraining him from attending at his former school is due to be heard today.
Read more »

Una Healy posts 'cryptic' Valentines snap of mystery card amid throuple rumoursUna Healy posts 'cryptic' Valentines snap of mystery card amid throuple rumoursThis comes amid David Haye ‘throuple’ rumours circulating in the media.
Read more »

Una Healy fuels romance rumours with mystery Valentine's cardUna Healy fuels romance rumours with mystery Valentine's cardFans have been left wondering whether singer/songwriter Una Healy is in a relationship after she shared a snap of what she received for Valentine's Day. As well as sweet gifts from her children, there seemed to be a mysterious card
Read more »

David Haye appears to confirm 'throuple' with Una Healy and Sian OsbourneDavid Haye appears to confirm 'throuple' with Una Healy and Sian OsbourneBritish boxer David Haye appeared to confirm his kinky relationship status with Una Healy and Sian Osbourne in an eye-opening Valentine's Day tribute
Read more »



Render Time: 2025-02-07 20:25:25