Businessman Colm Wu has been disqualified from acting as a company director for seven years and three months for reckless trading. The order of the High Court follows Wu’s failure, to date, to comply with undertakings to personally discharge debts of €2.15 million owed to three companies he ran, including a hotel in Dublin on Eden Quay and a well-known pub on Dame Street, Mulligan and Haines. Justice Eileen Roberts imposed the statutory ban, describing Wu as unfit to be a company officer. The court found he failed to keep company books and records and systematically diverted monies out of…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.