He is alleged to have conspired with Anglo’s former Finance Director Willie McAteer and head of Capital Markets John Bowe, as well as Irish Life and Permanent’s then-CEO, Denis Casey, and others. The case centres on a series of interbank deposits which circulated between Anglo and ILP. The transfers were routed through Irish Life Assurance (ILA), returning to Anglo where they were then treated as customer deposits, which are a better indicator of a bank’s health. Mr Drumm also denies false accounting, by providing misleading information to the market. “What we say very briefly but I hope accurately and succinctly, is that David Drumm was the Chief Executive Officer of Anglo Irish Bank at the time when that bank presented figures to the market and we say one of those figures, the customer deposit figure was clearly a false figure,” Ms Gearty said. “We say that not only was that a false account but it was done on his part deliberately, knowing … [Read more...] about Former Anglo Irish Bank CEO David Drumm took part in ‘massive con’, jury told
Closing journal entries examples
On a crisp, sunny morning a couple of official vehicles, including a police car, pull into a quiet cul-de-sac in a seaside town. Officers get out and knock on the door of one of the houses, then proceed to search it: every cupboard is opened, every box. Old furniture is pulled out of the garage. The officers, who are from both London and the local council, and are funded by National Trading Standards, scour the property, hunting for illegal skin-lightening products imported from Asia and Africa. Jars are bagged and tagged while the inhabitants of the house are interviewed. These products will be sent to a lab and tested. If they meet legal requirements, they will be returned. If they don’t, they will be destroyed, and a formal criminal prosecution will begin. Not all products that purport to lighten the skin are illegal, but many creams from outside the EU contain chemicals banned under safety regulations. These include mercury and hydroquinone – which with prolonged … [Read more...] about Skin-lightening creams are dangerous – yet business is booming. Can the trade be stopped?
Entries for the North East Rural Awards are now open, with anyone in the region able to nominate people or businesses in 10 individual categories ranging from holiday parks, local cheesemakers, equestrian clothing and innovative farmers. Nominations will be whittled down to a shortlist and the prizes awarded at a glittering ceremony in The Grand Marquee within the grounds at Kirkley Hall, near Ponteland. Each of our 10 categories will be judged by our sponsors and ourselves here at The Chronicle and Journal before three shortlisted finalists for each category are picked. They’ll then be invited to the awards ceremony taking place within The Grand Marquee within the grounds at Kirkley Hall, where we’ll announce the winners and present trophies and certificates. To enter please go to: www.chroniclelive.co.uk/business/farming/rural-awards-2018. Closing date for entries is Friday, May 18. Three NFU Mutual branch offices in Northumberland are supporting the region’s next … [Read more...] about Rural Awards 2018: Recognising the best of the region’s countryside
Sharon Ní Chonchúir looks at how we can be happier DON’T worry. Be happy. Bob Marley may have hit on the secret to good health when he sang this song.Studies now link happy emotions to healthier hearts, stronger immune systems, and longer lives. One 2005 study even found that happiness could improve chronic aches and pains.In his new book,15 Minutes to Happiness, therapist Richard Nicholls shares some ways in which we can become happier in our daily lives.He believes that if we take a few minutes each day to monitor the workings of our minds, we’ll soon improve our sense of wellbeing. Here are three ways in which he thinks we can do just that.Number one is writing our feelings in a journal. This is a good way of gaining a healthy perspective on things. Research has even shown it to have similar benefits to counselling.So grab a notepad and pen and start writing. Date your entry and try to write quickly so that your inner critic doesn’t … [Read more...] about How to become happier in your daily life
When ChronicleLive launched the Invest in the North East campaign to applaud and encourage investment, we knew they would see it as a rallying call and would be ready to collaborate for the good of the region. Here, our leading businesses give ANGELA UPEX their views of how the region is faring and tell her what they are doing to create more jobs and opportunities. NEWCASTLE COLLEGE Collaboration is key to making the North East a great place to live and do business Based in the heart of Newcastle with specialist academies in North Tyneside, Gateshead and at Newcastle Airport, Newcastle College is one of the region’s key employers. The College’s provision is vast and diverse, with individuals of all ages studying at entry level to Masters degree in subjects from accountancy and computing, to hospitality and specialist engineering disciplines. It’s the College’s aim to unlock the potential of each and every single individual, creating opportunities for employment … [Read more...] about Businesses are leading the way in helping the North East region to thrive and succeed