Bóthar: Bonuses paid to staff under guise of charitable causes, court told - News Summed Up

Bóthar: Bonuses paid to staff under guise of charitable causes, court told


These payments occurred without the knowledge or consent of the board of Bóthar, the High Court has been told. Bogus expenditure on charitable causes were used to justify the cash withdrawals that went to the staff, the court heard. Donations to Bóthar were paid “to fictional projects that were fabricated by Mr Moloney, and others” so that cash could be paid to the staff, Bóthar chairman, Harry Lawlor, has told the court. Mr Moloney and Mr Ireton benefitted from withdrawals that never went to an order of nuns who work with the poor in Tanzania. In February 2007, Mr Moloney requested the ratio be reversed, so that two-thirds of his pension was paid by the charity.


Source: The Irish Times April 28, 2021 09:13 UTC



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