Altada liquidator has ‘significant concerns’ around €500k loan

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Affidavit claims a secret ‘board meeting’ was held at Altada to discuss a €500k emergency loan, which shareholders weren’t told about for two months

On the morning of Friday September 9 last year, an “extraordinary” series of events are alleged to have occurred at board level in Altada, the Cork-based tech firm.

At 9.15am that morning, a board meeting of the AI-focused company is alleged to have taken place that was attended by Allan Beechinor, the co-chief executive and founder, Martin O’Brien, the company’s chief financial officer, and Alan Merriman, the founder of investment fund Elkstone, which was a ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Altada liquidator has ‘significant concerns’ around €500k loanJohn Healy’s affidavit claims a secret ‘board meeting’ was held at the AI company to discuss a €500k emergency loan, which shareholders weren’t told about for two months
Source: businessposthq - 🏆 8. / 71 Read more »

Altada liquidator has ‘significant concerns’ around €500k loanAn affidavit from John Healy, the liquidator appointed to Altada, claims a secret ‘board meeting’ was held at the AI company to discuss a €500k emergency loan, which shareholders weren’t told about for two months.
Source: businessposthq - 🏆 8. / 71 Read more »

Dept required to pay interest on refugee accommodationThe government department responsible for finding accommodation for Ukrainian refugees has acknowledged that it is required to pay interest to hotels, hostels and B&Bs that have experienced 'significant delays' in receiving payments. State funded racket.Or let me rephrase that, a tax payers funded racket. You mean IrelandisFull after all? Weird that no one is saying that! 🤦🏻‍♂️ Reality check. This war with Russia might go on for ten years . There's no future in paying 600 million a year to keep them in hotels. There's no houses to put them in. Our government bit off more than it can chew. People who question what's going on are branded racist 🤣🤣
Source: rtenews - 🏆 1. / 99 Read more »