Business Irish

Sunday 18 March 2018

Crosbie's group financial controller resigns as director

John Mulligan

John Mulligan

John Dunne, the group financial controller of Harry Crosbie's docklands property empire, has resigned as a director of the group.

New filings with the Companies Office show that Mr Dunne, who was group financial controller and a director of Henry A Crosbie (Entertainments), tendered his resignation as a director in May.

That was the month after NAMA moved to take control of the O2 in Dublin as well as the Point Village, which had been developed by Mr Crosbie, on foot of €500m owed by his firms.

NAMA appointed receivers to companies that own assets including the Bord Gais Energy Theatre, the Point Village hotel and cinema complex at the Point Depot in Dublin.

NAMA has a charge over the 50pc stake owned by Mr Crosbie in the O2, while another 50pc is owned by US group Live Nation.

Company filings indicate that Mr Dunne informed Mr Crosbie, as well as Mr Crosbie's wife, Rita, and director Auke van der Werff, of his resignation from Henry A Crosbie (Entertainments) on May 21.

However, he wrote to the individuals last month, confirming his resignation but drawing attention to the fact that his resignation had not been notified to the companies registrar by way of a B10 filing to the Companies Registration Office. He asked that this be done.

"If you fail to comply with this request within 21 days of service of this notice, I will forward to the Registrar of Companies and to every person who to my knowledge is an officer of the company, a copy of my notice of resignation as a director of the company," he added.

However, Mr Van Der Werff has also resigned from the firm.

Mr Dunne has also resigned as a director of a number of other Crosbie firms, including Blueboy Studios. Mr Van Der Werff has also resigned from that firm and others.

Irish Independent

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