Courtroom drama of family ties, broken trust, blank cheques and a ‘phoenix company’
The case of cousins Alan and Frank Hynes who are accused of fraudulent and reckless trading heard allegations of ‘extraordinary’ spending, a ‘sham company’, ‘forged’ financial documents, ‘bogus’ loans and a ‘witch-hunt’
“Whether it was company money or my money, what difference does it make?” Frank Hynes asked barrister David Whelan over a remote video link as he was being cross-examined in the High Court last week.
The question was met with muffled gasps from the courtroom. Whelan, who had been cross-examining the Wexford jeweller for nearly 40 minutes over allegations that he mixed company money with personal money, nodded.
“Thank you, Mr Hynes, that’s precisely the ...