Directorship ban for Cork businessman

A man has been disqualified from being a director of a company for the next seven years over his failure to deliver a statement of financial affairs following the liquidation of his company.

William Gough, a director of Tanikos Ltd, which was wound up by the High Court last January, had not complied with court orders to provide a statement of affairs to liquidator Myles Kirby, Ms Justice Mary Finlay Geoghegan said.

The judge refused an application from John Kennedy, for Mr Kirby, to have Mr Gough, who is believed to be abroad but who has an address in Glanmire, Cork, committed to prison for contempt of the court orders.

Mr Kennedy said Mr Gough had “thumbed his nose” at the court, the liquidator and the Revenue Commissioners, the principal creditor in the liquidation.

Ms Justice Finlay Geoghegan said she she was prepared to disqualify him from involvement in management of a company for the next seven years.

In relation to a second Tanikos director, Stephen Crockett, the judge said that unlike the position of Mr Gough, there had been contact between Mr Crockett and the liquidator two or three times. She granted an adjournment of a similar application against him.