Friday 18 April 2014

Bankrupt hurler let out of jail after U-turn

Former Wexford hurling captain Paul Codd leaving court

FORMER All-Ireland Wexford hurler Paul Codd was allowed to return to his family after spending a weekend in Mountjoy Prison.

Bankrupt Mr Codd, of Askinfarney, Clonroche, Co Wexford, a former Wexford captain, was taken to jail on Saturday for failing to co-operate with official bankruptcy assignee Chris Lehane.

After telling Mr Justice Kevin Cross in the High Court that he would make a statement to Mr Lehane, and after making a sworn affidavit, the judge told him he could go home.

Tax cheat TD Mick Wallace attended court and sat beside Mr Codd. Although he spoke with Mr Codd in court, he played no part in the proceedings. The matter was adjourned until January 20.

A judgment of €530,326 was obtained against Mr Codd in 2011 and when that was not satisfied the court was petitioned to have Mr Codd adjudicated bankrupt.

Mr Codd's debts, combined with those of his now dissolved company, Paul Codd Ltd, are estimated to be €4.9m.

Irish Independent




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