Ballyseedy Home & Garden Centre, which Mr McDonnell had acted as CEO, released a statement on social media this afternoon.
It apologised to the centre’s employees and customers, adding the focus of the company is to protect its 140 staff, their families and wider community.
The statement from Ballyseedy Home & Garden centre read: the family are devastated at the events that have transpired in recent days.
They apologised unreservedly to the centre’s employees and extremely loyal customer base for any inconvenience caused by these events and wish to express its sincere gratitude for their continued support during this difficult time.
Ballyseedy Home & Garden centre's focus is on trying to protect the one hundred and forty roles that exist within the company, their families and the wider community that the business is an integral part of.
They say they remain steadfast in their determination to keep the company trading and to regain the trust of the local community by providing a service that is built on honesty, integrity and hard work.
The statement concluded - that the family will not be making any further comment at this time. A further statement will be released, if necessary, in due course.
