Bumper directors' pay before wind-down : vimarsana.com

Bumper directors' pay before wind-down


The Cork office of the now collapsed Dolphin investment scheme was at times paying its two Irish directors close to €70,000 each per month after problems had emerged with the wider scheme in 2019.
Dolphin International Group (DIG) had previously spent €183,000 on a high-end Range Rover Autobiography as a company car for a director in its Cork office, Cormac Smith.
Smith's gross pay for June 2019 was €70,395, while fellow Irish director Marc Reilly had gross pay that month of €68,250, according to documents seen by the Sunday Independent. Both men, neither of whom could be reached for comment, had also each received director's loans of €1.8m over the previous year.

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