| 6.7°C Dublin

Sex attack tycoon's former firms made €4m profits last year

Close

Anthony Lyons 6...30/07/12 

Pic shows Anthony Lyons of Griffith Avenue, Drumcondra arriving to Dublin Circuit Court this morning where he was sentenced to 6 years for sexually assaulting a woman in Drumcondra in Dublin on 3 October 2010. 

Pic Collins Courts

Anthony Lyons 6...30/07/12 Pic shows Anthony Lyons of Griffith Avenue, Drumcondra arriving to Dublin Circuit Court this morning where he was sentenced to 6 years for sexually assaulting a woman in Drumcondra in Dublin on 3 October 2010. Pic Collins Courts

Anthony Lyons 6...30/07/12 Pic shows Anthony Lyons of Griffith Avenue, Drumcondra arriving to Dublin Circuit Court this morning where he was sentenced to 6 years for sexually assaulting a woman in Drumcondra in Dublin on 3 October 2010. Pic Collins Courts

PROFITS at an aviation business established by disgraced Anthony Lyons soared last year to €3.7m.

Lyons (51) was jailed last July for six months of a six-year prison term for sexually assaulting a 27-year-old woman on October 3, 2010.

The DPP appealed against the sentence, but Lyons was released from prison last December after serving four and a half months.

An appeal to the Court of Criminal Appeal is pending.

Wife

Documents lodged with the Companies Office after the sentencing show that Lyons and his wife, Eileen disposed of their holding in Santos Dumont.

However, new accounts just lodged by Lyons's two former companies, Santos Dumont Ltd and Santos Dumont Leasing Ltd, show that the firms recorded combined profits of €3.69m in the 12 months to the end of June 30, 2012.

The figures show that the combined cash pile at the two firms totalled €6.2m at the end of June last. The profits last year represent a 398pc increase on the combined profits of €741,267 recorded in 2011.

The filings show that Santos Dumont Ltd recorded profits of €2.4m and this followed a loss of €384,410 in 2011.

Separate accounts lodged by Santos Dumont Leasing Ltd show that the firm recorded profits of €1.23m in 2012 following profits of €1.12m in 2011.

Mr Lyons previously owned 91pc of the firm with wife Eileen Lyons owning the other 9pc.

New returns show that accountant and chief executive, Cathal Kilmartin, now owns 100pc of the company's shares.

The combined accumulated profits at the firm last year totalled €15.3m.

In the criminal case against Lyons, the family of the victim said that it was horrified when Judge Desmond Hogan suspended the remainder of the sentence on condition that Lyons pay €75,000 to his victim.

Judge Hogan described the aviation broker as "a man of means".

Drugs

Lyons stepped down as a director of Santos Dumont shortly after being charged with the offence.

In the assault on the woman, Lyons rugby tackled his victim to the ground on a tree-lined dark section of Griffith Avenue in Dublin and sexually assaulted her.

Lyons had claimed a combination of cough syrup, alcohol and other drugs had triggered an "irresistible urge" to attack the young woman.

hnews@herald.ie


Privacy