Tipperary hurler Darren Gleeson receives Central Bank ban

Suspension brought under laws ‘where concerns arise about fitness or probity’

Tipperary hurler Darren Gleeson has been barred from serving as a company director by the Central Bank.

It follows a fitness and probity investigation by the regulator which released a statement on Wednesday.

According to documents filed with the Companies Registration Office, Mr Gleeson is listed as a director of Gleeson Larkin Financial Services Limited and Crested GAA Balls Ltd. The former company was dissolved on June 15th 2012.

"A prohibition notice has issued against Mr Darren Gleeson, of Portroe, Nenagh, Co. Tipperary, formerly a director of a retail intermediary firm, prohibiting him from carrying out any controlled functions, including pre-approval controlled functions, in any regulated financial service provider for an indefinite period," the Central Bank said.

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Under the Central Bank Reform Act 2010 investigations can be conducted leading to the potential suspension or prohibition of company managers “where concerns arise about their fitness and/or probity”.

“One of the core functions of the fitness and probity regime is to protect consumers from dealings with persons in controlled functions unless such persons are competent and capable, honest, ethical and of integrity and also financially sound,” it said.

Specific details of Mr Gleeson’s prohibition were not provided. He plays as goalkeeper for Portroe GAA and is also on the Tipperary team.

Mark Hilliard

Mark Hilliard

Mark Hilliard is a reporter with The Irish Times