Credit union pays out €1.2 million after car prize draw ‘irregularity’

New financial accounts for Citybus, the Dublin Bus workers’ credit union, show it paid out the money in “restitution"

A Dublin credit union paid out €1.2 million to deal with a serious issue connected to its car prize draw. The details of the draw have been referred to the Gardaí.

New financial accounts for Citybus, the Dublin Bus workers’ credit union, show it paid out the money in “restitution and investigation of alleged financial irregularities”.

“The credit union was the victim of serious financial irregularities that had been ongoing for several years,” ...