Wednesday 22 November 2017

O'Callaghan and his family own 90pc of Cork-based fuel importer and distributor, Inver Energy, which also has a 50pc stake in the Foynes oil terminal.

There are also 35 fuel stations. While sales fell by 11pc to 528m in 2015 due to lower crude oil prices, pre-tax profits jumped by 37pc to 2.7m.

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