Courts / Tipperary / Report

Judge orders AIB to provide names of account holders over alleged "serious fraud"

Date
2017-12-06
Stage
Hearing Or Decision
Primary locality
Cahir
County
Tipperary

Summary

In a High Court case, Norgine BV, a Dutch pharmaceutical company, obtained an order from Judge Paul Gilligan directing AIB to disclose the names and addresses of the holders of an account in the bank's Cahir, Tipperary branch. The order, to be complied with within six days, was sought because Norgine alleges it suffered a serious cyber fraud, paying about €440,000 to the account after receiving an email that appeared to come from an Italian supplier but was actually fraudulent. The company claims the supplier never received the funds, and only a portion of the money has been recovered, leaving roughly €400,000 outstanding. Norgine seeks to identify the individuals who handled the account and to trace the money's destination. AIB, represented by Paul Fogarty, stated that confidentiality and data protection prevented it from providing the requested information, but the parties agreed to the wording of the order. The case was adjourned to a later date in the month.

Who, what, where, when and why

What: Report matter: Judge orders AIB to provide names of account holders over alleged "serious fraud". Procedural stage: hearing_or_decision

When:

Why: Counsel said various authorities including the Gardai were notified and his client also wants to bring civil proceedings against those who committed the fraud in order to recoup its losses. CNI source report

Places mentioned

Court Venue
  • High Court
Secondary Mention

Topics

Fraud Stage Hearing Or Decision

Related court reports

Read the original CNI report

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