Courts / Tipperary / Report

Accountant unaware of request to include €372k in accounts, Lowry trial hers

Date
2018-06-13
Stage
Trial
Primary locality
Holycross
County
Tipperary

Summary

In the Dublin Circuit Criminal Court, accountant Kevin Burke testified that he audited Garuda Ltd's books in 2007 and was unaware of a January 2007 letter from Michael Lowry requesting the inclusion of €372,000 in the company's accounts. Burke, who worked for BBT accounts from 2001 to 2007, said he had no knowledge of the letter, had not seen any backup for the transaction, and had not raised it as a query. He explained that the letter, signed by Lowry on a Streamline Enterprises letterhead, claimed an invoice to Norpe OY for €372,000 and that the amount should be reflected in the accounts as a director's loan. Burke noted that the journal entry showing a prepayment and sales of €372,000 was not his handwriting and that the total balance on the lead schedule was not fully written by him.

Who, what, where, when and why

What: Report matter: Accountant unaware of request to include €372k in accounts, Lowry trial hers. Procedural stage: trial

When:

Places mentioned

Court Venue
  • Dublin
  • Dublin Circuit Criminal Court

Topics

Stage Trial

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