Corporate watchdog brings 62 charges for company law violations

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Office of the Director of Corporate Enforcement expects a ‘potentially significant’ surge in company failures

Fifty-one company directors were restricted and 16 were disqualified last year, ODCE director Ian Drennan said. Photograph: Dara Mac DonaillSixty two criminal charges were brought last year against named individuals arising from investigative work by the Office of the Director of Corporate Enforcement .

He said that, at year end, four cases, involving some 60 charges remained before the district or circuit courts and one file was with the DPP for consideration as to whether charges should be brought on indictment. The number of forensic accountants employed at the ODCE jumped from four to seven last year, with the number of detective gardaí attached to the office doubling to eight.

 

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Greedy car hire companies risk going bust in long-term, warns Donohoe | Newstalk'My message to those businesses that are involved in those kind of practices is, ‘Don’t come to the Government in a few months' time looking for help when your own pricing decisions have undermined the competitiveness of your business'.' Everyone living in rip-off Ireland is at risk of going under with double digit inflation… Pascal: “don’t come asking for help, you are victim of own decisions to elect FFG “ Don't worry tourists have wised up to rent their cars just North of the Border. Car rental companies in Northern Ireland need to be setting up car rental depots at major border crossings. Tourists want value for money-not to be ripped off. Have no mercy for greedy operators. Car Hire companies have been screwing everyone for years... insurance companies have helped too. Not sure what we can do though.
Source: NewstalkFM - 🏆 19. / 55 Read more »