Staff emerge as winners in almost one third of credit unions who ran prize raffles: report

Staff have emerged as winners in 30% of the credit unions who ran prize raffles over a three year period, according to a Central Bank report.

Staff emerge as winners in almost one third of credit unions who ran prize raffles: report

Staff have emerged as winners in 30% of the credit unions who ran prize raffles over a three year period, according to a Central Bank report.

The report reveals that 46% of credit unions were found to run prize draws and that in 30% of these credit unions, a staff member or a director won a prize.

Some of these prizes were cars.

The Central Bank report reviewed the draws over the period of October 2014 to March 2017.

It was launched following the €2m financial scandal in 2016 surrounding the now bust Rush Credit Union when winners of 15 car draws could not be located by investigators.

- Digital Desk

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

Garda Sign/Lantern Naas Garda Station Motorcyclist dies and car found burnt out after Co Carlow crash
Industrial strike Consultants in Northern Ireland to be balloted over industrial action
PSNI stock Controlled explosion carried out after school science lab alert
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited