A 67-year-old man has admitted stealing more than £135,000 from Daventry Working Men’s Club while working as its secretary.
John Buckley from Inlands Close in Daventry pleaded guilty to theft when he appeared at Northampton Magistrates Court on Monday.
Magistrates heard that members became suspicious when Buckley, a former bank manager, kept delaying the club’s annual general meeting where he was to give details of the accounts.
They also heard how Buckley blamed accountants and auditors for the delays to the general meeting. He took a total of £135,090 between January 1 2010 and January 31 2012. He admitted taking the money when challenged by members of the club.
News emerged of the theft in February last year when the police launched an investigation into financial irregularities at the club.
An extraordinary general meeting was called the same month attended by 150 club members. A letter from Buckley was read out in connection with the investigation by the club’s president Greg Berrill at the meeting.
Members spoke at the time of their shock following the revelations. One member, who asked not to be named, said: “It was just unbelieveable to hear of this. There are a lot of members really shocked by what has happened.”
Buckley has been released on bail and will be appearing before Northampton Crown Court on Tuesday, July 9 when he is due to be sentenced.