Premises linked to closed company searched by PSNI
Premises of a Co Down-based business which closed this week with the loss of around 100 jobs was searched by the PSNI last week.
Staff at JMC Mechanical and Construction were told that it had entered administration.
The firm, which operated across sites in Co Down, Co Armagh and Lisburn, specialised in social housing contracts.
A PSNI spokesman last night said: "Officers from Police Service of Northern Ireland's Organised Crime Branch carried out searches at two premises in the Portadown area on Thursday, 7 October, in relation to an ongoing investigation. There are no further details at this stage."
The Irish News understands the second premises searched was a house unconnected to the business premises.
It is believed there were no arrests.
Policing Board member and SDLP assembly member Dolores Kelly said her sympathies are with the workers.
"It's very distressing for the workers who have lost their jobs," she said.
Accounts for JMC Mechanical show it had 108 staff at the end of March 2020.
Although the company was profitable for the 2019/20 financial year, revenues had started to fall before the outbreak of the Covid-19 pandemic, slipping by around £1.3m to £10.7m.
JMC Mechanical and Construction could not be reached for comment.