Md to prove investment
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• Anthony McCarthy, managing director of Wilton Contracts (London), has been given until the beginning of October to prove that £100,000 he claims to have invested in the company, is his own money.
Wilton Contracts of Dreadnought Wharf, Greenwich, has applied for a new national licence for three vehicles and one trailer. South Eastern and Metropolitan Deputy LA John Stevenson requires proof that the company is not a "front" for Eugene O'Riordan, whose company JB&M Motor Haulage, of the same address, lost its licence following convictions for fly tipping. JB&M's vehicles were the subject of an arson attack after being impounded by the police.
McCarthy said the £100,000 was an inheritance and £70,000 severance pay from Nordic Cold Storage. He agreed that only two £1 shares had been issued and fully paid up. He said that the people with whom he lodged had denied knowing him because they were concerned about losing part of their pension. Suggestions that he was employed by O'Riordan
and that he was a "frontfor O'Riordan's operations were untrue, he added.
Asked why a £1,000 cheque for the deposit on a tipper had been signed by O'Riordan company secretary Margaret Reynolds said that O'Riordan, had paid it after asking if they were interested in the vehicle and had subsequently been reimbursed. O'Riordan was in the same yard; but he had no connection with Wilton.
The Deputy LA said that an application for a London lorry ban exemption for a tipper Reynolds had said Wilton was buying was in the name of JB&M.
Stevenson said that O'Riordan had a pretty good idea that he would have difficulty in getting another licence. There was a long history of inter-related companies of which Reynolds had admitted she was connected in other capacities. He needed to be satisfied who he was dealing with.