A case against an insurance firm charged with failing to keep proper books of accounting was adjourned yesterday to allow it receive a precis of evidence which will be brought against it by the Minister for Enterprise, Trade and Employment.
Merrion Reinsurance Ltd, Clanwilliam Terrace, Grand Canal Quay, Dublin, is accused of failing to keep proper accounts between June 1998 and June 1999. Dublin District Court heard yesterday it was alleged the firm's auditor found difficulties in identifying opening balances, investments held, associate and subsidiary companies, fixed assets and relevant shareholdings, when carrying out an audit. Judge James McNulty adjourned the case for mention to November 30th.