A CHIEF executive received more than Stg£1m in unauthorised salary bonuses and pension payments, it has been claimed in the High Court.
Andrew Hetherington, former CEO of Dublin-based Repak Ltd, which assists Irish business in meeting its packaging recycling obligations, allegedly arranged the payments over a five-year period through "falsification of a paper trail", the court heard.
Mr Hetherington was on secondment from British Polythene Industries (BPI), through which payments were made from Repak to him.
Under a 2001 contract, he was to receive a salary of Stg£100,000 plus a 40-50pc bonus if he met certain objectives along with a pension contribution of 25pc of his salary.
It is claimed he instead arranged, through falsification of documents, for bonuses of nearly 100pc and 75pc pension contributions from 2007 to 2012.
Repak is demanding the return of the money. It is suing him for fraud and deceit and BPI for breach of duty, negligence and misrepresentation.
BPI has denied the claims while Mr Hetherington, of Newark Street, Greenock, Scotland, has yet to enter a defence.
He was removed as CEO in 2012 by consultants Grant Thornton on behalf of Repak.
Mr Justice Paul Gilligan has been asked to decide a pre-trial issue as to whether Mr Hetherington is entitled to a copy of the Grant Thornton report in advance of him putting in his defence. The judge reserved his decision.