Mick Wallace TD declared bankrupt in High Court
-
20 December 2016
- From the section Europe
Image copyright
Irish parliament
The High Court also heard that Mr Wallace has total debts in excess of 30m euros
The independent Irish TD (MP) Mick Wallace has been declared bankrupt at the High Court in Dublin.
The application to make him bankrupt was made last month by a subsidiary of the US fund Cerberus arising out of a debt of 2m euros.
The subsidiary, Promontoria (Ar…
Read the full article at: http://www.bbc.co.uk/news/world-europe-38376852