Former Dunnes Stores CEO Dies on Trip to Dubai

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Dunnes Stores,CEO,Death

Former Dunnes Stores chief executive, Mr Dunne, passed away while on a trip to Dubai. He played a significant role in the growth of the supermarket empire and was known for his involvement in a kidnapping incident by the IRA. Payments made by him to senior politicians led to his departure from Dunnes Stores.

Mr Dunne, the former Dunnes Stores chief executive who was ousted from that company and later built up a chain of well-known gyms, died on a trip to Dubai . A Department of Foreign Affairs spokesman said it was aware of the death of an Irish national in the country. Born on March 11th, 1949, in Co Cork, Mr Dunne was a former director of Dunnes Stores , which was founded by his father, Ben snr.

He played a leading role in the growth of the supermarket empire and became one of Ireland’s best-known business figures. Payments made by Mr Dunne to two senior politicians, former taoiseach Charles Haughey and former Fine Gael minister Michael Lowry, led to his departure from Dunnes Stores. In 1981, on his way to visit a company store in Newry, Mr Dunne was kidnapped by the IRA, and reports at the time suggested IR£1.5 million was paid in a ransom and that it was arranged by Charles Haughey who was said to have asked businessman Patrick Gallagher to contribute mone

Dunnes Stores CEO Death Dubai Supermarket Business Kidnapping IRA Payments Politicians

 

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