In 2015, RTÉ’s Prime Time carried out an expose into senior hospital staff receiving expensive holidays and gifts from a medical supplier. The negative publicity had a significant impact on the Irish company in the eye of the storm, Eurosurgical Limited. Founded in 1987, the family business went bust in 2016. But that was only the beginning of the story. When liquidator George Maloney was appointed in May 2016, it began to emerge that company director and majority shareholder Ray Kane senior had fraudulently misappropriated millions of euros in company funds. The Revenue Commissioners started an audit and raised an…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .