herald

Monday 18 December 2017

Weirs worker stole €20k

A DUBLIN man who embezzled almost €20,000 from Weirs Jewellers where he worked as a manager has been given a three year suspended sentence.

Paul Flood (36) of Cardy Rock Crescent, Balbriggan pleaded guilty to nine sample counts of stealing a total of €19,332 from the Grafton Street shop between April 2010 and September 2012. He has no previous convictions.

At Dublin Circuit Criminal Court Judge Martin Nolan accepted evidence from psychological reports that Flood had been diagnosed as being bi-polar and having acute depression and that this inspired his criminal behaviour. A senior employee, who had worked with Weirs for 38 years, gave Flood the money to fully reimburse the company. That man was also in court to support Flood who has agreed to pay this man back in instalments.

No change in bank standards

Current auditing standards would not be able to detect the problems which occurred at Anglo Irish Bank in 2008.

Standards have changed so little in the past seven years Anglo would still look as if it was on target for half a billion euro in profits instead of actually being insolvent, Prof Eamonn Walsh, Professor of Accounting at UCD told the Banking Inquiry.

Catalan vote 'against law'

Spain's Constitutional Court has unanimously declared a vote on secession by the powerful northeastern region of Catalonia last November as unconstitutional.

The court ruled that a law passed by the Catalan regional government allowing it to call such votes is also unconstitutional.

Number's up for van drivers

White Van Man is far more likely to use a mobile phone while driving than other road users, new figures have revealed.

As many as 2.7pc of van rivers in England and Scotland were spotted using hand-held mobiles behind the wheel in 2014. This was almost twice the figure of 1.4pc for car drivers. The Department for Transport figures also showed men (1.7pc) were more likely than women (1.4pc) to use their mobile while driving.

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