Former company CEO fails to stop restriction application

Liquidator brought proceedings under company law seeking to restrict certain former directors, including John McKeogh, from acting as company directors for five years

Liquidator says John McKeogh was, 'or should have been, aware of a fraud of the most serious kind that was perpetrated over an extended period of time, on an enormous scale'. Picture: iStock

The High Court has refused to strike out an application to restrict from directorships the former CEO of a liquidated concrete-products group over what a liquidator described as his knowledge of alleged fraud "on an enormous scale".

John McKeogh was chief executive and finance director in the Whelan Group, with offices in Limerick and Ennis, Co Clare, until it collapsed in 2010. Whelans was at one time one of the country's biggest concrete-product suppliers.