independent

Thursday 24 April 2014

Club accounts were appalling, says auditor

AN auditor has told a tribunal how he was "appalled" when he realised a fellow accountant was involved in falsifying the accounts of the Irish Coursing Club (ICC).

The evidence was heard during an unfair dismissals claim taken by former ICC accountant Edmund O'Brien, of Newmarket in Co Cork, against the club.

The Employment Appeals Tribunal heard allegations that Mr O'Brien was involved in a "cover-up" while employed by the ICC, allowing former club CEO, the late Jerry Desmond, spend funds on "holidays and dining and wining".

Yesterday, Ian Ronan of auditors Glavin and Ronan said his company found that, for the 2008 accounts, a number of journal entries were made by Edward O'Brien to change the figures. The hearing was adjourned to February 26, 2013.

Irish Independent

Also in this Section

Classifieds

CarsIreland

Independent Shopping.ie

Meet, chat and connect with
singles in your area

Independent Shopping.ie

Meet Singles Now

Findajob

Apps

Now available on

Independent.ie on Twitter

More

Most Read

Daily Deals

Independent Gallery

Your photos

Send us your weather photos promo

Celebrity News