Former CEO accused of defrauding non-profit recycling firm out of millions

Martin Tobin is also alleged to have used European Recycling Platform Ireland DAC funds for holidays, golf club memberships and hotel stays

It is also claimed that Martin Tobin used the firm's money for home patio improvements, for a camper van conversion, and €87,000 to buy a mobile home in Wexford. File photo

The former CEO of a non-profit electronic equipment recycling company allegedly conducted large-scale financial fraud on the firm of at least €3.3m over a period of years, it has been claimed in Commercial Court proceedings.

Martin Tobin is also alleged to have used some €706,000 of European Recycling Platform (ERP) Ireland DAC funds for expenses which included flights or accommodation to Paris, Portugal, St Andrews in Scotland, membership for himself, family and friends with Portmarnock Golf Club, a five-room stay for family and friends in Adare Manor, gift cards, restaurants and two rooms for himself, wife and two friends in the Wynn Hotel, Las Vegas, in March 2022.