Courts / Dublin / Report

Cash logistics business secures freezing order against jewellery firm

Summary

A cash logistics firm, General Secure Logistic Services (GSLS), secured a temporary High Court freezing order, known as a Mareva Injunction, against Bedra Metals Ltd. The order was obtained after Bedra ceased trading days after receiving a delivery of €70,000 in cash from GSLS. GSLS had delivered the cash to Bedra on a regular basis for several years, with customers ordering cash from GSLS and paying a fee for the service. Bedra had ordered €70,000 from GSLS earlier that month, but the cash was delivered without a corresponding transfer to GSLS's bank account. GSLS sought payment, which was not received. Bedra's director informed GSLS that the company had closed down and was working with creditors, but GSLS was not informed that a liquidator had been appointed. GSLS was concerned that the cash might have been used to purchase jewellery and precious metals that could be moved beyond GSLS's reach.

Who, what, where, when and why

What: Report matter: Cash logistics business secures freezing order against jewellery firm. Procedural stage: charge_or_pretrial

When:

• 2018-02-16 Publication

Places mentioned

Topics

Stage Charge Or Pretrial

Related court reports

• Man charged with having 56k child abuse images and videos remanded on bail
• Ex-Dáil hopeful's allegations against former employer 'complete fantasy', WRC told
• Mater must pay €10k to worker who said he was wrongly accused of abusing patient
• 'I think we know I won't be getting bail' - Daniel Kinahan charged with directing criminal organisation
• Letting agent who claimed alleged domestic violence victim abandoned tenancy by fleeing to refuge must pay €14.7k
• 77-year-old with 470 convictions told Luas staff to 'f**k off'

Read the original CNI report