Courts / Tipperary / Report
Bothar wants to join estate of late founder to proceedings
Summary
Charity Bothar seeks to add the estate of its late founder Peter Ireton as a co‑defendant in High Court proceedings against former CEO David Moloney. Bothar alleges Moloney misappropriated charity funds for personal use, admitting he spent the money on family holidays and friends, never depositing it in a bank. He also claims some misappropriated money was paid to others, including the deceased Ireton. Bothar has secured a freezing order preventing Moloney from reducing his assets below €1.1 million. The court has scheduled a hearing on the motion to add Ireton's estate for October, after the summer recess, and has deferred a decision on whether Moloney's wife Olive should be named a notice party. Moloney, who resigned as CEO in February, has expressed remorse for the damage caused. Bothar's board has suspended fundraising activities following the discovery of the misappropriations.
Who, what, where, when and why
What: Report matter: Bothar wants to join estate of late founder to proceedings. Procedural stage: hearing_or_decision
When:
- 2021-07-14 Publication
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