Four individuals were each disqualified from acting as directors for periods of five years following two civil actions by the Office of the Director of Corporate Enforcement in the High Court today.
The directors involved were Anthony and Thomas Carroll of Aluminium Castings Limited and William and Kathleen Kerins and Sons Construction Limited.
The cases, which were taken under section 160(2)(h) Companies Act 1990, were in respect of companies that had been struck off the Companies Register for failing to file annual returns, and which had debts owing to creditors when struck off.
The directors will be listed on the disqualified persons register maintained by the Companies Registration Office.
The ODCE identified debts in excess of €90,000 in respect of each of the companies.
A further three actions were adjourned.
The ODCE is in the Surpreme Court tomorrow, appealing a decision of the High Court not to disqualify accountant Patrick McCann from company directorship, management or audit.
The High Court decided in 2007 not to disqualify Mr McCann, who was auditor of a comapany called Kentford Securities Limited.
An authrorised officer of the Department of Enterprise, Trade and Industry, who was investigating the Ansbacher accounts, concluded that Kentford Ltd was a vehicle controlled by the late Des Traynor to facilitate payments to individuals from the Ansbacher accounts as part of a tax evasion scheme.
