Directors withdrew €400k, court hears

The High Court has heard allegations that a company, part owned by brothers Edward and Oliver Garry, the latter a Fine Gael member of Clare County Council, had lost money through unauthorised withdrawals by directors of €400,000.

Edward Garry failed in a bid to obtain an injunction directing his brother, Oliver, and Oliver’s two sons, Colin and John, to pay back €33,000 he claimed had recently been misappropriated from the finances of Abbey Contractors Limited.

He also failed in an attempt to get a court order directing the release to him of work diaries, time sheets, chequebook stubs, and accounts relating to the running of the firm that has its registered office at Fort Hill, Kildysart, Co Clare, the address of Oliver Garry.