Courts / Tipperary / Report
Bóthar CEO 'stole' from charity for 21 years to fund lifestyle, High Court hears
Summary
In a High Court hearing, former Bóthar CEO David Moloney admitted to taking cash donated to the charity over 21 years to fund his lifestyle, including family holidays and gifts to friends. He claimed he never deposited the money in a bank and did not keep any cash. Moloney said he had paid some of the misappropriated funds to others, including the late founder Peter Ireton, and that his wife Olive did not benefit from the money. He expressed remorse and said he was now on welfare. The court varied the freezing order from €769,000 to €1.1m, allowing Moloney to release €13,000 from a credit union account for legal fees and to make payments from his accounts for essential living expenses. Olive Moloney's applications to vary orders were dismissed. The case remains before the court next month.
Who, what, where, when and why
What: Report matter: Bóthar CEO 'stole' from charity for 21 years to fund lifestyle, High Court hears. Procedural stage: hearing_or_decision
When:
- 2013 and 2018 Other
- 2021-05-14 Publication
Why: Bóthar's former CEO David Moloney "stole" significant quantities of cash donated to the charity to fund his lifestyle over a 21-year period, the High Court has heard. CNI source report
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