Aidan Garcia, the liquidator of an Irish scaffolding company, has secured interim freezing orders against companies in Ireland and Gibraltar associated with the Australian businessman Ric Stowe, who was once estimated to be worth €400 million.  The move follows Garcia’s appointment as liquidator in January 2026 to a company called Instant Upright Ltd. The liquidation began after the business was unable to repay its debts of €2.8 million to the Revenue Commissioners. Australian businessman Robert Frederick Lyn Stowe, also known as Rick or Ric Stowe, is a director of this company, which trades in Ireland but is ultimately based in…

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.

Subscribe

Cancel at any time.

Are you already a member? .