News Formal

Insolvent ‘golden visa’ company transferred €65m to related firms

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Insolvent ‘golden visa’ company transferred €65m to related firms via IrishTimesBiz

Mr Dai also owned and operated the Nuremore Hotel and Country Club in Co Monaghan.

A total of more than €26 million was paid to companies connected to Mr Dai in 2017 and 2018 in respect of “professional consultancy fees”, Mr De Lacy said.46:13 The loan note was due for repayment in July 2020 but, despite numerous requests for repayment, it has not been paid, she Ms Wang said in her affidavit. Mr Conroy said that the total amount owing to Ms Wang is now more than €1.17 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Minister for Finance challenges nonbank lenders over high mortgage interest ratesSeen & heard: Ulster Bank’s soured loans; threat to Revenue ‘name and shame’ policy; and slump in AirBnB listings in Irish cities
Source: IrishTimesBiz - 🏆 6. / 77 Read more »