Described as a particularly โnasty offenceโ
AN arson attack ordered to be carried out on a truck and other equipment of a rival company by a Limerick businessman in 2005, has resulted in a 43-year-old man being given a two-year suspended sentence at Limerick Circuit Court.
Compensation to the sum of โฌ130,000 has been handed over to the injured party in the interim after the attack was described as a โnasty offenceโ and a deliberate act, aimed at putting a rival company out of business.
43-year-old John Fanning, with an address at The Gables, Pennywell, ordered that a truck and equipment of an opposing company be burnt out in an attempt to put them out of business, at Ballyneety Golf Club on May 6, 2005.
Limerick Circuit Court previously ordered thatย Fanning pay over the sum of โฌ130,000 in compensation to the owner of the rival drain cleaning company, and Judge Carroll Moran heard that the accused paid over โฌ69,000 to the injured party up until last February, and that he was trying to sell his fatherโs land to come up with the balance.
Judge Carroll Moran described it as a particularly โnasty offenceโ against a competitor and that it was โquite a stupid thing to doโ.
As arson carried a life sentence upon conviction and due to its very serious nature, Judge Carroll Moran notedย the accused had paid over a substantial sum of money in compensation.
Mark Nicholas, defence counsel, said his clientย borrowed some โฌ80,000 of the total sum ordered by the courts in December 2008.
Mr Fanning, it was said, was working to pay back those debts now.
Prosecuting for the State, John OโSullivan recommended that Detective Garda Mark Deasy,ย be applauded for ensuring that all the compensation money was paid.
Judge Carroll Moran imposed a two year sentence, suspended for a period of two years.