Finding and Order
A finding has been made in accordance with the Disciplinary Bye-Laws and Regulations of the Institute of Chartered Accountants Ireland (the “Institute” or “Chartered Accountants”) against Mr Gareth Booth in the following terms;
On 22 September 2020, Mr Gareth Booth with an address in Co Derry/Londonderry, was convicted of an indictable offence. By virtue of this conviction the member has acted in breach of the Institute’s Code of Ethics for Members Fundamental Principles (a) Integrity and (e) Professional Behaviour, is guilty of Misconduct, and is accordingly liable to disciplinary action pursuant to 8.1.1 of the Institute’s Disciplinary Bye-Laws (2016) .
The Conduct Committee orders that Mr Gareth Booth be excluded from membership of Chartered Accountants Ireland.
This order took effect from 9 November 2021.
Background and outline of disciplinary matter
The member pleaded guilty and was convicted of defrauding his employer of £586,694.35 on various dates between January 2017 and December 2018 when he was employed as Group Operations Director.
The member was sentenced to 39 months in custody.
In light of the above, Mr Booth accepted that the appropriate sanction to meet the gravity of his conduct was exclusion from membership of the Institute and he consented to this.
This Disciplinary matter was concluded in accordance with the settlement provisions set out in Chartered Accountants Ireland’s Disciplinary Regulations, the proposed terms of settlement having been approved by the Conduct Committee on 14 September 2021.
Identification of appropriate orders
Recognising the benefits of resolution through the settlement process, the Conduct Committee considered the findings and orders made appropriate having regard to the objectives of the Disciplinary Bye-Laws, the applicable guidelines on sanctioning and the particular facts and circumstances of the matter before it.
Reference: Karen Jones, Gibney Communications
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