Auditors have qualified the accounts of a loss-making property company of which Ray MacSharry, the government-appointed director of Irish Life & Permanent, is a member.
Accounts filed by Foresthaze Developments, of which MacSharry is a director and major shareholder, reveal that the company’s auditors were unable to satisfy themselves as to the value of its assets. The Sligo company recently failed to secure planning permission to build 200 houses and apartments on the site of...
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