Disqualification proceedings begin against Clerys operators

Rafael Klotz and Malcolm MacAulay were directors of OCS Operations Ltd, but stood down when the business was sold to Natrium

4th June, 2017

Disqualification proceedings have been launched against two former directors of the company that ran Clerys department store immediately prior to its sudden closure two years ago.

Rafael Klotz and Malcolm MacAulay were directors of OCS Operations Ltd, but stood down on the day the historic business was sold to new owners Natrium, with the loss of 460 jobs.

The purchasers were a joint venture comprising Deirdre Foley’s D2 Private and British investors Cheyne Capital Management. Klotz...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Elaine Byrne: Culture of discrimination won’t change until men tire of it too

Anton Savage: Feeling superior in the Land of the Free

Vincent Boland: Chronically underperforming Unilever long past its salad days

Ian Guider: Tax amnesty for pubs and restaurants may be only saving grace