Gold was switched for worthless copper, metals dealer tells court

GOLD with a value of about €104,000 had been allegedly switched for another material which was virtually useless, the High Court has been told.

After hearing an ex parte application by Stirling Jewellers (Dudley) , Ms Justice Mary Laffoy made an order restraining Peter Osa-Amadasun and Nike Lorna Osa-Amadasun, trading as PE Eamons Business Services, North King Street, Dublin, from reducing their money held in any bank or institution here below €104,000.

Sharna Ragonesi, a director of Stirling Jewellers with registered offices in Britain, said that, on September 27 her company entered into a verbal contract with the defendants at Allendale Drive, Clonsilla, Dublin 15, to buy from them of 2,900 grams of fine gold for €104,000.