Mr Justice Mark Sanfey gave Mr Wu more time to provide information to liquidators on the finances of companies he controlled
The Four Courts. A High Court judge has said he will not tolerate any further delay by businessman Colm Wu in providing information to liquidators about companies he controlled.A High Court judge has said he will not tolerate any further delay by businessman Colm Wu in providing information to liquidators about companies he controlled.
It is alleged he failed to keep proper books and records, breached his fiduciary duties and was guilty of misfeasance.Eddie Jordan: Wannabe rock star was one of most flamboyant team bosses in history of Formula OneAre you a waffler, a bore or a sharp shooter? How to improve your workplace communication
On Thursday, David Whelan SC, for the liquidators, told the court Mr Wu had not complied with the directions as the businessman said a reconciliation exercise was being done to “work out where the money was gone”. Counsel said that work should be completed in the first week of April and “we would have all the information we need in terms of filing an affidavit,” he said.
A “before and after affidavit” is unwieldy but the liquidators are entitled to know why this exercise was necessary, he said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Colm Boyle column: Mayo a mixed bag while two forwards look unstoppable in 2025Mayo produced a remarkable second-half comeback while Championship and sunny days can't come soon enough for two of the best shooters in the country.
Read more »
Deportation of failed asylum seekers 'completely reasonable'The deportation of 32 failed asylum seekers to Georgia is “completely reasonable thing”, Colm...
Read more »
Australian adtech company Publift to create 50 jobs in DublinCompany founded in Sydney by Irishman Colm Dolan
Read more »
OFF THE BALL BREAKFAST: PSG v Liverpool w/ Auclair, Ireland v Italy XV prediction, John Duggan LIVE from Cheltenham, Don McRae on new book ‘The Last Bell’Welcome to Wednesday's Off The Ball Breakfast podcast – Ger, Colm & Arthur are live in studio, ...
Read more »
Connacht's Colm Tucker shuts down Munster speculationThe latest sports news from The42.ie in 60 seconds
Read more »
EastEnders Ruby Allen star’s real life marriage to businessman after fairy tale romanceLouisa Lytton has been on-and-off the show since making her debut in 2005 and thankfully her real life is completely different to her character, with the star happily married
Read more »