Courts / Tipperary / Report

Former Bothar CEO admits misappropriating hundreds of thousands in donations, High Court hears

Date
2021-04-27
Stage
Hearing Or Decision
Primary locality
Newport
County
Tipperary

Summary

David Moloney, former CEO of the charity Bothar, admitted in the High Court to misappropriating large sums of donated money for personal use. He confessed to taking about €200,000 that was intended for a Roman Catholic order in Tanzania, €34,000 meant for a Kenyan project, €127,000 paid to an English company for unexecuted Rwanda projects, €100,000 fraudulently transferred to a pension fund he set up, and €10,000 used for a hay shed on his own property. Moloney also admitted receiving extra salary, expense payments, and a €19,000 Christmas bonus that were not authorised by the board. Bothar's counsel highlighted that these admissions were welcomed but that Moloney had not yet provided details on where the money went or his assets. The court increased the freezing order value to €769,000 and directed Moloney to submit a statement of assets by May 4th.

Who, what, where, when and why

What: Report matter: Former Bothar CEO admits misappropriating hundreds of thousands in donations, High Court hears. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • High Court

Topics

Stage Hearing Or Decision

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