Community service for bank porter who stole €75,000

An Ulster Bank porter who stole €75,000 from the bank to repay debts he ran up in a "fanciful and unrealistic scheme" of exchanging Irish ‘punts’ for Sterling ‘pounds’ at a loss to himself, has been ordered to carry out 240 hours work in the community.

Paul Kavanagh, aged 33, of Basin Street, Dublin 7, played a game of "musical chairs" with people’s money and as his counsel, Mr Remy Farrell BL, told the court: "When the music stopped, a lot of people were left without a profit."