Growing number of EU nationals filing for bankruptcy here due to Ireland’s more lenient regime
The court heard Mohsan Holzinger’s debts arose from his role as managing director of German company Privix GmbH
A foreign national declared bankrupt by the High Court with debts of €27.2m is under criminal investigation in his native Germany over his tax affairs.
In an affidavit filed with the court, Mohsan Holzinger (35) disclosed the existence of the investigation, which relates to potential Vat liabilities.