Director faces jail for breaking condition of his suspension over Cork firm's unpaid Vat of €340k

A member of the Revenue Commissioners said: “If he kept away from Revenue that would be the most helpful thing he could do.”

Denis O’Rourke, an authorised officer of the Revenue Commissioners, said at the sentencing hearing three years ago, BV Securities Ltd was selling plant and machinery and in the relevant period had €1.95m of sales. On the basis of 46 invoices, the company was liable for €340,000 in Vat. File photo

An 84-year-old man with a suspended jail term hanging over him had the case against him re-entered by the State for the judge to consider revoking the suspension and jailing him.

Michael Grimes was sentenced three years ago for failing to pay almost €340,000 in Vat returns which had been paid to his company by customers. A two-and-a-half-year suspended jail sentence was imposed on him.