New accounts for the Co Limerick-based Bóthar CLG show that the charity reduced its losses from €282,824 in 2023 to €100,854 last year as it reduced its costs by 40 per cent from €1.05 million to €628,852 in the 12 months to the end of June last.

David Moloney, the former chief executive of Bóthar, plans to apply to the High Court to vary an injunction that has frozen his assets

The alleged misappropriation of funds at Bóthar first came to public attention in 2021 through the charity taking High Court injunction proceedings against its former chief executive, David Moloney