John Rogers lubricates his oil business

Former attorney general and son inject total of €100,000 into Newgrange Gold in 2014

Newgrange Gold, the Meath rapeseed oil business owned by former attorney general John Rogers, slipped a little deeper into the red last year.

No panic, though, as it was launched in the teeth of the recession and was bound to take a little time to turn a profit.

Newgrange trimmed its losses in 2014, according to its accounts: retained losses grew by about €60,000 to a total of €342,000. Losses grew by €85,000 in 2013.

Rogers chipped in with €70,000 of fresh equity in May. I’m not sure how many hours of legal work it would take to make that back up. Not a lifetime, I’d wager.

His son, Jack Rogers, also a trained barrister, runs the oil business. He invested almost €30,000 this year.

Rogers has been busy in court of late. Recent clients have included Angela Kerins of Rehab and former Irish Nationwide director Stan Purcell.

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