Audit of security cash firms begins

AUDITS are being carried out on cash-in-transit security firms as part of a long-awaited overhaul of the industry.

The Private Security Authority (PSA) said the audits had begun and were expected to finish by the end of the year. Paul Scallan of the PSA said they hoped to be in a position to issue licences next year to those who pass the audits.

The PSA was set up by former justice minister Michael McDowell following a spate of cash-in-transit robberies and cases of lax security by security companies.