Investment executive Harry Cassidy ‘beggared himself’ when he misused client funds

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 77%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Investment executive Harry Cassidy ‘beggared himself’ when he misused client funds via IrishTimesBiz

The former chief executive of Custom House Capital , Harry Cassidy, was an “extremely strong” personality whose management style was “dictatorial”, the Dublin Circuit Criminal Court was told on Friday.

Cassidy and non-executive director John Mulholland owned 90 per cent of the regulated investment firm, which was a “remnant” of Guinness Mahon, the former merchant bank associated with the so-called Ansbacher Deposits and the finances of the late taoiseach, Charles Haughey. Cassidy took over the running of Custom House Capital in 2000. Over the course of the 2000s CHC became progressively more focused on commercial property investment ventures in continental Europe. Investors who gave their money to CHC did so in the main because of Cassidy’s reputation.

Former CHC employee Angela Mahon described Cassidy as an “extremely strong figure” with a “dictatorial style”, the court heard. Former financial controller Paul Lavery told An Garda Síochána of “physical and verbal assaults” by Cassidy and of a “toxic environment” within CHC. John Whyte , former head of private clients at CHC, said Cassidy would “lose his temper” when people quizzed him about the misuse of client funds.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 6. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

See All The Guests At THE GLOSS X A&L Goodbody Investment Dinner - The Gloss MagazineWe were delighted to welcome guests to THE GLOSS Investment Dinner with ALGoodbody - Women Leaders: The Next Generation at MerrionHotel yesterday evening. See every detail from the event and all the guests in attendance:
Sumber: TheGlossMag - 🏆 9. / 68 Baca lebih lajut »

Small investment firm snaps up €14m of homes in two yearsArena Capital has bought residential property in Ireland with a view to lease the units to councils for social housing
Sumber: businessposthq - 🏆 8. / 71 Baca lebih lajut »

AstraZeneca exec calls on UK, EU to do more to attract investment after pharma giant opted for IrelandPam Cheng also said there were problems in Europe with the speed of regulatory authorisations
Sumber: businessposthq - 🏆 8. / 71 Baca lebih lajut »