John Aherne: Company reported a profit of over €496,000 last year

THE owner of the Leas Cross nursing home reported a profit of nearly €500,000 last year, a sevenfold increase on the previous year.

Accounts show John Aherne’s company Sovereign Projects Limited, with an address at Leas Cross nursing home, reported a profit of over €496,000, compared to €62,000, recorded in 2003.

As the fallout from the nursing home scandal continued last night, it emerged the nursing home owners also paid themselves money from the company and last year had nearly half a million euro in spare cash in the bank.