Senior Finance Manager Stole £1m To Fund Gambling Addiction

  • 📰 nottslive
  • ⏱ Reading Time:
  • 37 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 52%

Crime News

Finance Manager,Theft,Gambling Addiction

Alan Doig, a senior finance manager at Gedling Borough Council, has been found guilty of stealing almost £1 million from taxpayers' money to fund his gambling addiction over nearly 20 years. The 57-year-old transferred the funds into his own bank accounts and used them to pay off debts incurred through gambling.

A senior finance manager at Gedling Borough Council stole almost £1m of taxpayers money to fund his gambling addiction. Over nearly 20 years, Alan Doig transferred £934,343.30 of money meant to pay for public services into his own bank accounts.

Roger Wilson, his barrister, said: “It is a huge sum over a number of years and the sentence is inevitable, he knows that. There are a number of matters he would like to deal with . He is a man with no previous convictions as My Lady knows this was down to a gambling addiction he had where he transferred money from his employer to his own bank account due to debts he had accrued over years.

Handing him conditional bail, Judge Nirmal Shant KC said: “Your sentence will take place on October 2, you need a little time to put your house in order and that is what you will get. You must not take me handing you bail as a sign you will not receive a substantial prison sentence, this is an act of mercy on my part.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 96. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Council finance manager who stole nearly £1m of public cash to fund his massive gambling addiction...Over nearly 20 years, Alan Doig. from Gedling,Nottinghamshire transferred £934,000 of money meant to pay for public services into his own bank accounts.
Source: DailyMailUK - 🏆 7. / 90 Read more »

North Lanarkshire Council’s finance convener meets Scotland’s Finance SecretaryThe meeting comes in the wake of the alarming announcement regarding up to £500 million in cuts to Scotland’s public services, highlighting the growing financial crisis facing local government.
Source: Daily_Record - 🏆 9. / 89 Read more »